Fitch Boosts Turkey’s Rating Outlook, Moody’s Stays Put

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Why This Matters

Fitch Ratings upgraded Turkey's credit rating outlook to positive from stable due to increased foreign exchange reserves and reduced risk of policy loosening, indicating a more favorable market sentiment towards Turkey's economy.

Market Impact

Market impact analysis based on bullish sentiment with 80% confidence.

Sentiment
Bullish
AI Confidence
80%
Time Horizon
Short Term

Article Context

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Fitch Ratings raised Turkey’s outlook to positive from stable on Friday, citing an increase in foreign exchange reserves and reduced risk of policy loosening, days after the central bank delivered a less-than-expected reduction in the benchmark rate.

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Original article published by Bloomberg on January 24, 2026.
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