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Fitch Reviews Turkey’s Outlook From Negative to Stable
November 3rd, 2019 - 09:00 GMT

Fitch Reviews Turkey’s Outlook From Negative to Stable

Credit ratings agency Fitch revised Turkey's outlook from "negative" to "stable" on Friday and affirmed its “BB-“ rating. {"preview_thumbnail":"https://cdn.flowplayer.com/6684a05f-6468-4ecd-87d5-a748773282a3/i/v-i-c…","video_id":"cfa14622-73ab-415f-913f-905eb942a0b9","player_id":"8ca46225-42a2-4245-9c20-7850ae937431","provider":"flowplayer","video":"Top 10 Cities to Travel to in 2020"} The agency also revised up its GDP forecast for 2019 by 0.8 percentage points to 0.3% on the back of stronger second-quarter outturns. Fitch maintained its GDP growth forecast of 3.1% for 2020 and 3.6% in 2021. “Turkey has continued to make progress in ...
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