Turkey 'Finally' Gets Investment Grade from Fitch Ratings
Posted on November 07, 2012 at 02:03 AM EST
ISTANBUL--November 7, 2012--Researched by Industrial Info Resources (Sugar Land, Texas)--Credit ratings agency Fitch upgraded Turkey to "investment grade," confirming the favorable view toward the country's improving economic fundamentals. According to a statement from Fitch, the agency upgraded Turkey's foreign-currency ranking to BBB- from BB+, with a stable outlook.
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