Business
The Negative Outlook On Turkey’s Sovereign Rating
2020-08-27
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In the latest Fixed Interests, Paul Gamble Senior Director, Sovereigns, and Douglas Winslow Director, Sovereign Group, discuss Fitch’s recent downgrade of Turkey to Negative Outlook, noting that a depletion of foreign exchange reserves, weak monetary policy credibility and negative real interest rates, have exacerbated external financing risks in for the region.
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