Moody's Raises Mexico Rating From Baa1To A3, Making It Second In Latin America To Reach A-Rating

It looks like Mexico has a good 2014 coming up. Financial analysis firm Moody's elevated the country's rating from Baa1 to A3, making Mexico the second country in Latin America to attain A status, after Chile. The ratings agency based its decision mostly on the structural reforms approved last year by President Enrique Peña Nieto's administration.