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Tuesday, October 12, 2010

Turkey still not highly rated

"Turkey still not highly rated

Justin Vela in Skopje
October 13, 2010

On October 5, Moody's Investors Service raised the outlook for Turkey's 'Ba2' rating from stable to positive due to the country's economic and fiscal resilience, implying a ratings increase is on the cards. But the country still faces a host of challenges that will have to be met before it is rated at the level of other emerging markets in the region. "

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