S&P Keeps Türkiye's Credit Rating Unchanged
Published
International credit rating agency Standard & Poor's (S&P) has not released a new assessment report regarding the Turkish economy. The agency has decided to maintain Türkiye's current credit rating.
Türkiye's long-term local and foreign currency credit ratings were set at "BB-" following the most recent assessment conducted on November 1, 2024. S&P has kept this current rating unchanged at the same level.
Credit rating agencies regularly monitor the economic conditions, debt repayment capacities, and financial risks of countries. These ratings are considered one of the key indicators that influence how international investors view the Turkish markets.
As observations of the Turkish economy continue, markets will keep closely monitoring future assessments to be conducted in the coming period.
Sources: Foreks.com
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