Sunday, March 24, 2019

Fitch Predicts Perpetuated Economic Contraction for Turkey | Asharq AL-awsat

Fitch Predicts Perpetuated Economic Contraction for Turkey

Sunday, 24 March, 2019 - 11:00

The international credit rating agency Fitch Ratings predicted a continued economic contraction in Turkey for 2019 citing the government’s inability to carry out needed adjustments in the aftermath of the Turkish Lira losing over 30 percent of its value against the dollar.

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