S&P Global Ratings (S&PGR) upgraded Turkiye’s credit rating from B to B+ on economic rebalancing, keeping its outlook positive, the Anadolu Agency reported on Saturday.
The Turkish news agency quoted the New York-based ratings firm as saying in a press release late on Friday that Turkiye is expected to improve coordination between monetary, fiscal, and incomes policy, amid external rebalancing.
“We forecast rising portfolio inflows and narrowing current account deficits over the next two years, alongside declining…
