Wednesday, June 20, 2012

Moody's Upgrades Turkey - WSJ.com

Moody's Upgrades Turkey

BY JOE PARKINSON AND CHUN HAN WONG

ISTANBUL—Turkish assets leapt higher Wednesday as Moody's Investors Service announced a long-awaited upgrade to Turkey's sovereign debt rating, citing the country's improving public finances and steps taken by Ankara to address its external imbalances.

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