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Wednesday, August 13, 2014

Will Turkey face another credit rating downgrade? - Al-Monitor: the Pulse of the Middle East

Will Turkey face another credit rating downgrade?

Two days before Turkey’s Aug. 10 presidential elections, the Moody’s credit rating agency was due to issue its regular review of Turkey. Earlier assessments had prompted anticipation that the agency, which had raised Turkey to investment grade (Baa3) in May 2013, could now downgrade the country.

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