Fitch Raises Turkey’s Outlook to Stable on Continued GDP Growth
Cagan Koc
Jim Silver
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November 02 2019, 2:58 AM
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Fitch Ratings raised its outlook for Turkey’s sovereign assessment to stable from negative, citing an improving current account balance, continued economic growth and falling inflation.
Fitch affirmed its BB- rating for Turkey, three levels below investment grade and on par with Greece, Bolivia and the Dominican Republic.
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