Nordea Bank economist Aurelija Augulyte expects Moody’s and S&P to upgrade Turkey. “I think that this will happen for sure,” Augulyte said in a Daily News article.
“Both of the other rating agencies could potentially deliver one notch upgrades with the next 12 months,” JP Morgan Chase economist Yarkin Cebeci said in the Reuters article.
iShares MSCI Turkey Investable Market Index Fund ETF (NYSEArca: TUR)
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Max Chen contributed to this article.