Thursday, August 19, 2010

Turkey moves towards investment grade status

"Turkey moves towards investment grade status

By Delphine Strauss in Ankara

Published: August 19 2010 18:36 | Last updated: August 19 2010 18:36

Istanbul’s ISE100 equity index has hit record highs. Yields on sovereign debt are close to historic lows. The currency is more stable than it has ever been – and strong enough to squeeze exporters."

More:FT.com / Emerging Markets - Turkey moves towards investment grade status