Moody's cuts Turkey rating review from schedule

Rating review due Dec. 2 removed from agency's schedule on Nov. 22, institute confirms

By Fatih Erkan Dogan

ANKARA (AA) – International credit ratings agency Moody’s withdrew a rating review of Turkey due Dec. 2 from its schedule on Friday.

The institute said in a note Friday Turkey’s rating review was removed from its schedule on Nov. 22.

Moody's Investor Service cut Turkey's rating to "Ba1" from "Baa3" and assigned a "stable" outlook on Sept. 24.

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