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S&P's assessment on Turkey's credit rating and economic outlook
S&P Turkey Lead Analyst Karen Vartapetov stated that Turkey's "BB-/B" credit rating has been maintained, emphasizing that the continuity of reserves and economic policies, alongside inflation, is critical for a rating upgrade. The institution forecasts growth of 3 percent for 2026 and 3.7 percent for 2027.
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Economy
BIST 100 index falls by 2.89 percent on the final trading day of the week on Borsa Istanbul
While the BIST 100 index ended the week with a 4.44% drop at 11,721.72 points, gold and foreign exchange rates gained value. Markets focused on the CBRT interest rate decision and S&P assessment.
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