New York, July 26, 2025 (AFP) - Moody's upgrades Turkey's long-term debt rating

NAMPA / AFP

2025-07-26

Moody's has raised Turkey's long-term debt rating one notch, from B1 to Ba3, with a stable outlook, though it remains in speculative territory, the rating agency said. Moody's justified its decision Friday by citing effective economic policies that have helped restore investor confidence in the Turkish lira. It also highlighted the central bank's commitment to tight monetary policy that "durably eases inflationary pressures" and "reduces economic......

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