Tuesday, July 3, 2007

Mexican stocks jump as investors bet on debt rating

(Reuters) - The benchmark IPC stock index rose 0.86 percent to
31,691 points. The peso currency weakened
slightly, giving up 0.05 percent to 10.7671 per dollar.




S&P raised the outlook on Mexico's BBB sovereign debt
ratings to "positive" from "stable" on Monday, citing growing
prospects for tax reform and a lighter external debt burden.


Read more at Reuters.com Bonds News

No comments: