Moody’s put the credit rating of Turkey in the list on the revision downward, according to The Wall Street Journal, citing a report of the Agency.
Thus, Moody’s will consider the likelihood and consequences of declining demand and further weakening the efficiency and predictability of policy in the country.
Turkey is rated Baa3 at Moody’s scale. In April 2014, the Agency changed the Outlook on Turkey to negative from stable.
To assess the consequences of the coup in Turkey in the next few days promised and the Agency Standard & Poor’s. In may it revised its Outlook on the country’s economy to stable from negative if the rating of BB+, noting that she is in stable condition.
In turn, the Agency Fitch on Monday said that the credit for the Turkey, there are “political risks”, but did not change the rating of the country. Following the assessment of a rating Agency of Turkey scheduled on August 19.
The attempted coup in Turkey occurred on the night of 16 July, the authorities were able to bring the situation under control until morning. Then in Turkey was detained by 7.5 thousand people, including military, police, judges, and civilians.