ISTANBUL, March 27 (Reuters) - Standard & Poor's upgrade of
Turkey's sovereign credit rating is belated and still does not
reflect the country's current economic outlook, Finance Minister
Mehmet Simsek said on Wednesday, but he said the upgrade was
encouraging.
Standard & Poor's raised Turkey's sovereign credit rating to
BB-plus from BB on Wednesday, just a hair below investment
grade, amid a rebalancing economy and progress on Kurdish
issues.
(Writing by Ece Toksabay)
Source: http://news.yahoo.com/p-upgrade-belated-encouraging-turkish-finmin-190754030--sector.html
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