Tuesday, July 3, 2007

Mexico markets jump as investors expect rtg upgrade

(Reuters) - The benchmark IPC stock index closed 2.22 percent
higher at 32,117.83 points, while the peso
finished local trading flat at 10.764 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

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