Moody’s ups Türkiye’s outlook to “positive”

Cumhuriyet - International credit rating agency Moody's Investors Service has increased the ratings outlook of Türkiye from “stable” to “positive”. The move also signals a credit rating upgrade to Türkiye’s current rating of “Ba2”.

A senior analyst from Moody’s, Sarah Carlson, said the Turkish economy had proven to be strong and had already bounced back to pre-crisis levels.