Commenting on Moody's surprise upgrade of Türkiye's credit rating to “Ba3” and Fitch's confirmation of the “BB-” level, Avdagiç noted that these developments have increased interest in Turkish assets.
“We must closely monitor the decline in interest rates and the disinflation process"stated Avdagiç, emphasizing the importance of cautious steps in economic policies. He added that measures prioritizing production and financing must be consistently implemented for Türkiye’s credit rating to reach an investment-grade level.
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