10/6/2010

Moody’s ups Turkey’s outlook to “positive”

Cumhuriyet - International credit rating agency Moody's Investors Service has increased the ratings outlook of Turkey from “stable” to “positive”. The move also signals a credit rating upgrade to Turkey’s current rating of “Ba2”.

A senior analyst from Moody’s, Sarah Carlson, said the Turkish economy had proven to be strong and had already bounced back to pre-crisis levels.
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turkey; moody’s; credit rating; positive outlook; rating outlook; turkish economy