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Fitch revises Turkey’s outlook from negative to stable

CREDIT RATING AFFIRMED AT 'BB-'

Fitch revises Turkey’s outlook from negative to stable

Fitch Ratings has affirmed Turkey’s credit rating at “BB-” while revising its outlook to stable from negative. The agency expects Turkey's current account deficit to fall to 2.9 percent in 2021 and 2.1 percent of GDP in 2022.

22 February 2021