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Last Updated : GMT 09:40:38
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“negative” from “stable

Moody’s cuts Turkey’s outlook to ‘negative’

Themuslimchronicle, themuslimchronicleMoody’s cuts Turkey’s outlook to ‘negative’252847/90
Istanbul - Arab Today
Ratings agency Moody’s on Friday cut its outlook for Turkey to “negative” from “stable,” citing continuing erosion of its institutional strength — the latest hit for an emerging market struggling to win back investor favor. Once seen as one of the world’s most promising emerging markets, Turkey has been hurt by deepening investor concerns about political uncertainty following last year’sRead more

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