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Business

Fitch: Pemex Burden Costs Mexico a Notch, BBB- Holds

Rio Times

BusinessRio Times·Jul 30, 2026·1 min read

Fitch: Pemex Burden Costs Mexico a Notch, BBB- Holds

Fitch Ratings affirmed Mexico's sovereign rating at BBB- with a Stable outlook in April 2026, but revealed that state oil company Pemex's financial burden effectively subtracts one full notch from the country's creditworthiness. The post…

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