(MENAFN- Qatar News Agency) Turkey hailed its second investment grade rating on Friday, seeing it as a seal of approval from international markets for a decade of economic reform.
Moody's assigning a Baa3 rating with a stable outlook to Turkey late on Thursday, making it eligible for inclusion in a number of investment-grade only bond indices and adding to the economy's switch from an emerging market to a developed one.
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.