Saturday, August 18, 2018

S&P lowers Turkey's credit rating deeper into junk territory

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Standard & Poor's said on Friday it had cut Turkey's sovereign credit rating deeper into "junk" territory, citing extreme lira volatility and forecasting a recession next year, adding to the country's woes as it deals with a currency crisis.


from Reuters: World News https://ift.tt/2MRAfPE
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