Ratings

James Salazar, deputy director of economic analysis at CI Banco, believes it is likely that both Fitch and S&P will issue statements on Mexico next week. More

Fitch Ratings has upgraded Argentina's Long-Term Foreign-Currency Issuer Default Rating (IDR) to 'CCC' from 'CC', and its Long-Term Local-Currency IDR to 'CCC' from 'CCC-'. Fitch typically does not assign Rating Outlooks to sovereigns with a rating of 'CCC+' or below. More