Translate to English, keep HTML format, single line, standard decode before translate: Promotion for Turkey, demotion for Mexico!

9/6Fitch, a major credit rating agency, has upgraded Turkey’slong-term foreign currency rating. This is due to an improvement in the economy’s fundamentals resulting from recent tightening policies. On the other hand,Moody’ssaid on 9/12that Mexico’s judicial systemreform would undermine the separation of powers and could weaken the strength of the economy and public finances, hinting at the possibility of future downgrades. The two countries’ rating outlooks are contrasting,andthe background and the outlook for the Turkish lira and Mexican peso moving forward will be explained.