Moody’s Ups Turkey Rating Outlook

Turkish bond yields fell on Tuesday after Moody’s (MCO) raised Turkey’s credit rating outlook to positive from stable, citing improvements in the country’s economic and fiscal resilience. Moody’s also said it was revising upwards its 2010 economic growth forecast for Turkey to 6.5 percent. – Reuters

Be the first to comment

Leave a Reply

Your email address will not be published.