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Wednesday, December 04, 2013

Turkey’s Hefty Current Account Deficit Curbs Ratings Love - MoneyBeat - WSJ

Turkey’s Hefty Current Account Deficit Curbs Ratings Love
By
Yeliz Candemir

ISTANBUL—Turkey secured two investment grade ratings in quick succession from the end of 2012—no mean feat. But unless it can zap its vulnerability to foreign capital flows—a lingering problem that hit it hard this year–it is unlikely to feel much ratings love again any time soon.

More:Turkey’s Hefty Current Account Deficit Curbs Ratings Love - MoneyBeat - WSJ