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Turkey statement from Moody’s about credit rating

International credit rating agency Moody’s announced that there was no update on Turkey’s credit rating.

In the statement made by Moody’s, it was reported that the calendar was not updated for Turkey, Iraq and Switzerland, which were given a date of 27 May for evaluation.

The fact that the annual calendars of international credit rating agencies give dates for the credit rating and grade views of the countries does not mean that there will be a definitive update.

Moody’s had previously affirmed Turkey’s credit rating as “B2”.

Source: Trthaber / Translated by Irem Yildiz

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