Standard & Poor's Has Not Updated For Turkey's Credit Rating

Standard & Poor's has not updated for Turkey's credit rating. The agency announced that Turkey's credit rating and rating outlook have not been updated.

International credit rating agency Standard & Poor's (S&P) announced that there was no update on the countrys credit rating and rating outlook. In the statement made by Standard & Poor's (S&P), it was stated that the calendar was not updated for Turkey, Bulgaria and Ireland, which were given a date of May 28 for evaluation. The fact that the annual calendars of the international credit rating agencies give dates for the credit rating and grade views of the countries does not mean that there will be a definitive update. Standard & Poor's (S&P) currently evaluates Turkey's credit rating in foreign currency as "B +", local currency credit rating as "BB-" and its credit rating outlook as "stable". On the calendar of the international credit rating agency, the next assessment date for Turkey is October 22.