Turkey's credit rating to negative tracking



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Turkey's credit rating drawn from negative watch | News from the economy

JC, has the Turkish credit rating of negative watch received on August 14th.

JCR credit rating agency removed from its statement today that Turkey's credit rating to BBB- with a negative outlook, asserted its outlook as negative.

the difficult impairments encountered in the TL and on August 14 that the report be reminded Turkey's credit rating negative watch, after this period, it was recalled that the TL's appreciation of the l & # 39; evidence.

TL of the value of the results that the central bank's growth policy achieved in the interest of Turkey and the reduction of the United States in imports of the current account balance report attracted the attention marked by the recovery in the relationship and become positive on a monthly basis due to the economic downturn was well taken care of.

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The central bank's key rate of 24 percent to upgrade, the upbeat trend in US-Turkish relations, the dollar with the impact of the sharp decline in exemptions and oil prices from sanctions against Iran / TL test mid-August fell well below 7.24-5.25. According to these data, TL's value appreciation against the dollar exceeded 35% and was the most appreciated currency of the developing countries' currencies during the period considered.

Will remain JCR report despite the increase in TL Depreciations and interest payments relative to the GDP of the public debt in 2018 to end less than 35 percent by attracting attention, "All these items are valued JCR Turkey's credit rating (negative) on tracking, credit rating with negative outlook "The opinion has been given.

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