Fitch Boosts Turkey’s Rating Outlook, Moody’s Stays Put
Fitch Ratings raised Turkey’s outlook to positive from stable on Friday, citing an increase in foreign exchange reserves and reduced risk of policy loosening, days after the central bank delivered...
By Inci Ozbek, Taylan Bilgic · Bloomberg Markets
Fitch Ratings raised Turkey’s outlook to positive from stable on Friday, citing an increase in foreign exchange reserves and reduced risk of policy loosening, days after the central bank delivered a less-than-expected reduction in the benchmark rate.