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Friday, December 04, 2009

Turkey awarded ratings upgrade

"Turkey awarded ratings upgrade

By Delphine Strauss in Ankara

Published: December 3 2009 22:25 | Last updated: December 3 2009 22:25

Turkey’s relative stability in the past year of the global crisis on Thursday won it a long-awaited upgrade for its sovereign debt from Fitch Ratings, a move that could encourage foreign equity investors and help Turkish companies raise debt."

More:FT.com / Currencies - Turkey awarded ratings upgrade