Mexico Saves 159.35 Billion Pesos in Debt Interest Payments Through September
A stronger peso, lower interest rates and refinancing drove the savings, which helped contain the public deficit.
A stronger peso, lower interest rates and refinancing drove the savings, which helped contain the public deficit.
Rebutting the British weekly, Mexico’s Finance Ministry pointed to record exports, a shrinking deficit, and eight rating agencies still holding the country at investment grade.