Turkey Cut Deeper Into Junk by Fitch as Erdogan Tightens Grip
By Ben Bartenstein July 13, 2018, 10:21 PM GMT+2
Credit rating lowered to two notches below investment grade Fitch says risks ‘intensified’ on declining policy credibility LISTEN TO ARTICLE 1:21 SHARE THIS ARTICLE Facebook Twitter LinkedIn Email Turkey was cut deeper into junk territory by Fitch Ratings, which cited the nation’s widening current-account deficit, rising inflation and declining economic policy credibility.
More:Turkey Cut Deeper Into Junk by Fitch as Erdogan Tightens Grip - Bloomberg