LONDON (Dow Jones)–Turkish Finance Minister Mehmet Simsek said Tuesday he expects rating agencies to upgrade Turkey’s credit rating after elections next year.
Speaking in London, Simsek said Turkey deserves a better credit rating, adding that the market already prices Turkey as an investment-grade country.
“Rating agencies usually lag the market,” he said. “After elections next year I think the rating agencies will come on board,” he added.
via Turkey Finance Minister: Expect Ratings Boost After Elections – WSJ.com.
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