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In Turkey credit’s level is the same


Moody’s does not plan to decrease the credit’s level in Turkey. International rating agency Moody’s had a few adjustments this year, and will keep the investment grade rating of Baa3 in Turkey.

The financial power of the country, low debts and a large average income are the main factors that helped to Moody’s to leave the rate in the same level. The rating agency S & P said that in the political situation of early elections, the level of economical instability is high, and that this instability could lead to devaluation of the Turkish lira, and could affect the consumer capacity and the level of an inflation.


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