Monday, July 23, 2007

UPDATE 1-Turkey's ratings depend on political stability-S&P

(Reuters) - The agency ruled out, however, any immediate action on the
country's credit ratings -- currently "BB-" with stable outlook
for its foreign-currency debt.




"The outcome bodes well for a continuation of the prudent
economic policy-making that has underpinned Turkey's improving
credit-worthiness over the past five years," S&P said in a
statement, signed by analyst Farouk Soussa.


Read more at Reuters.com Bonds News

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