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Decision on Turkey from Standard & Poor's

Standard & Poor's (S&P) has upgraded Turkey's credit rating from "B" to "B+" while maintaining its credit rating outlook as "positive."

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Decision on Turkey from Standard & Poor's

International credit rating agency S&P has upgraded Turkey's credit rating from B to B+.

Last December, S&P had affirmed Turkey's credit rating as "B" while revising its rating outlook from stable to positive.

Another rating agency, Moody's, shifted the outlook from stable to positive in January, while Fitch Ratings upgraded Turkey's credit rating in March.


News Source: 12punto

Fitch Ratings credit rating Turkey