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Fitch upgrades PEMEX credit rating to 'BB', citing stronger government support

ReutersAug 1, 2025 9:11 PM

MEXICO CITY, Aug 1 (Reuters) - Fitch Ratings upgraded Mexican state energy producer PEMEX's credit rating to 'BB' from 'B+' on Tuesday, removing its positive watch status and citing strengthened government support, the agency said in a statement.

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