Fitch raised Turkey’s sovereign credit rating
International Ratings Agency Fitch raised sovereign credit ratings on Turkey to 'BB-' from 'B+' on the back of political discipline, new economic program prepared in coordination with the IMF and the positive developments on the EU front. With this move, the Fitch rating of BB- for Turkey has come to the same level with the S&P rating of BB- that is three notches away from the investment grade.