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View Full Version : Investment Grade May Worsen Turkey Current-Account, RenCap Says - Bloomberg



NewsWhore
07-30-2012, 01:30 PM
Investment Grade May Worsen Turkey Current-Account, RenCap Says (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFLJBiXLiMJsN7d3tmsfqJ7K9zo3w&url=http://www.bloomberg.com/news/2012-07-30/investment-grade-may-worsen-turkey-current-account-rencap-says.html)
Bloomberg
Even as cheaper borrowing combined with a stronger currency would worsen Turkey's external deficit, “if the central bank can contain the likely appreciation in the Turkish lira and curb expected domestic lending growth, then we think a rating upgrade ...

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