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Moody’s announces Turkey's credit rating

International credit rating agency Moody's has announced that there has been no update to Turkey's credit rating.

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Moody’s announces Turkey's credit rating

Turkey's credit rating remains at "B3" and its outlook remains "stable". 

The fact that international credit rating agencies provide dates for countries' credit ratings and outlooks in their annual calendars does not mean that an update will definitely be made.

The second possible evaluation date for Turkey in Moody's calendar for this year was December 15.

In Moody's latest report, it was noted that the Turkish economy is expected to grow by 4.2 percent this year, 2.6 percent next year, and 3 percent in 2025.


News Source: 12punto

Economy credit credit rating Moody's