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S&P Global Ratings upgraded Turkey's credit rating to B+ with a positive outlook.
S&P Global Ratings upgraded Turkey's credit rating from B to B+ with a positive outlook, citing the government's return to orthodox economic policies as a factor.
This follows Turkey's central bank raising its policy rate by 1,000 basis points to 50%, to reduce inflation.
The upgrade follows similar moves by Fitch Ratings and Moody's, affirming Turkey's economic stabilization efforts.
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S&P Global Ratings mejoró la calificación crediticia de Turquía a B+ con perspectiva positiva.