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Friday, April 11, 2014

Moody's downgrades Turkey outlook to 'negative'

Moody’s downgrades Turkey outlook to ’negative’
Friday, 11 April 2014 12:20
Posted by Parvez Jabri

Moody's rating agency on Thursday downgraded its outlook on Turkey to "negative", putting the country's investment-grade rating at risk, saying political uncertainty was affecting investor confidence and casting doubt over further reforms.

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