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Fitch holds Turkey rating at BB, outlook negative

Ratings agency Fitch on Friday kept Turkey's credit rating at "BB" with a negative outlook. The Turkish economy is navigating out of a "sharp depreciation"...

Turkey loses last investment grade rating after Fitch cut

Fitch has cut Turkey's sovereign rating to junk level, becoming the last major rating agency to put the country under investment-level territory. Fitch’s decision came...

S&P revises Turkey outlook down to negative in surprise move

In the midst of expectations of a Fitch downgrade of Turkey’s rating, another major rating agency, Standard and Poor’s (S&P), revised its outlook on...

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