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Turkey Finance Minister: Expect Ratings Boost After Elections – WSJ.com

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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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