You are here: Home » Reuters » News
Business Standard

Interview: Post-election policy moves now key for Turkey - Fitch

Reuters  |  LONDON 

By Marc JonesLONDON (Reuters) - Turkey's sovereign rating can ride out the current market turbulence if authorities there move to address the economy's main weaknesses after upcoming presidential and parliamentary elections, Fitch said on Monday.Fitch has a 'junk' BB+ rating on Turkey's foreign currency debt, but an investment grade BBB- on domestic bonds which is two notches higher than both S&P Global and Moody's.Unlike Moody's, which has just issued a downgrade warning, both Fitch's ratings also have 'stable' outlooks meaning cuts aren't on the immediate horizon.There are obvious stresses ...

This article is no longer available in our repository.

There could be multiple reasons for this.

First Published: Mon, June 11 2018. 20:33 IST
RECOMMENDED FOR YOU