Turkey Gets Unprecedented Downgrade by Moody’s

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Yahoo Finance – Sydney Maki, Netty Ismail and Cagan Koc – Sep 13, 4:57 AM

(Bloomberg) — Turkey had its debt rating downgraded deeper into junk by Moody’s Investors Service, which warned of a possible balance-of-payments crisis in assigning the lowest grade it’s ever given to the country. The sovereign’s credit rating

 

Moody’s hits Turkey with unprecedented downgrade, Erdoğan dismisses credit agency ratings

Turkey had its debt rating cut deeper into junk by Moody’s Investors Service, which warned of a possible balance-of-payments crisis in assigning the lowest grade it’s ever given to the country, as President Recep Tayyip Erdoğan dismissed credit agency ratings.

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