Moody’s Made No Changes in Turkey’s Credit Rating

Moody’s Made No Changes in Turkey’s Credit Rating Moody’s made no changes in Turkey’s credit rating. The organization stated that there was no update. International credit rating agency Moody's gave the news that there was no update on Turkey's credit rating and rating outlook. In the statement made by Moody's, issued December 4 to make assessments about Turkey and Russia, agency stated that there was no update. The fact that the international credit rating agencies give a date for the credit score and grade views in the annual calendar does not necessarily mean that they will update. So much so, Moody's haven’t made an update to Turkey's credit rating on June 5. International credit rating agency Moody's made an off-schedule assessment on September 11th; Reduced Turkey's credit rating to "B2" from "B1" and also lowered the rating outlook to "negative".