The challenges of the new president of Mexico!

9/26Major credit rating agency Moody's,warned of potential downgrades in the future due to concerns about expanding fiscal deficits in Mexico.6/2 presidential election・In the parliamentary elections, with a historic landslide, new president Sheinbaum(below,CSP and initialisms) was elected, while the ruling partyMORENA achieved a sweeping victory, causing President López Obrador(below,AMLO and initials) to push through judicial reform before leaving office, drawing western countries' criticisms for alleged undermining of judicial independence, which also influenced this assessment.10/1 impending inaugurationCSP faces challenges and the outlook for the Mexican peso-yen exchange rate is analyzed.