Summary: Fitch Ratings has upgraded Türkiye’s sovereign rating outlook to positive from stable, citing falling inflation, stronger foreign-currency reserves, and reduced external vulnerabilities. While the country’s long-term foreign-currency rating remains at BB-—three notches below investment grade—the move signals growing confidence in the current policy mix. Moody’s, by contrast, left Türkiye’s rating unchanged at Ba3 with … Continue reading Fitch Turns Positive on Türkiye, Moody’s Holds Steady as Inflation Eases and Reserves Rise