An international credit rating agency adjusts its forecast for the growth of the Turkish economy

Fitch Ratings has raised its forecast for economic growth rates in Turkey this year from 6.3 to 7.9 percent. In a statement issued by the agency, the agency confirmed Turkey's long-term foreign-currency issuer rating at "BB-" with a "stable" outlook. The statement noted that policy uncertainty remains high in Turkey, expecting inflation to drop to [...]