‘Outlook revision shows rebalancing of Turkish economy’

‘Revision of outlook from negative to stable reflects progress in stabilizing Turkish economy, says Fitch Ratings’ director

Turkey showed great resilience from last summer: Expert

Country's sovereign balance sheet, low government debt, private banks in relatively good shape, says Fitch Ratings official

Fitch holds Turkey rating at BB

Lira tumbled but recovered most of its losses after significant tightening by country's central bank

'Turkey rate rise shows responsiveness, risks remain', Fitch Ratings

"The sharp drop in net capital inflows, currency depreciation, and fall in international reserves remain within the tolerance of Turkey's 'BBB-' rating" said Fitch Ratings.