Run of bad news from fitch and S&P

cumhuriyet.com.tr

Yayınlanma: 28.01.2017 - 14:01

Güncelleme: 28.01.2017 - 14:03

The credit-rating organisation S&P has reduced Turkey’s outlook from stable to negative. Fitch also reduced Turkey’s credit rating from BBB- to BB+ after midnight. As to the outlook, it changed this from stable to negative. Hence, Turkey has lost its final ‘investment grade’ rating.