Source:
Standard & Poor's; Türkiye’s
longterm local and foreign currency ratings have been raised, on continued commitment to economic
program; Outlook also raised from stable to positive; Mar 8th, 2004
Standard & Poor's
Ratings Services said today it raised its long-term local currency
sovereign credit ratings on the Republic of Türkiye to 'BB-' from 'B+'. At
the same time, the 'B' short-term foreign and local currency sovereign
credit ratings on Türkiye were affirmed. The outlook status was also raised
from ‘stable’ to ‘positive’.
Below you may find the
history of Türkiye ratıng from 2000 onwards;
Local Currency Foreign Currency
Sovereign Credit Rating Sovereign Credit
Rating
Date Long
Term/ Outlook/Short Term Long
Term/ Outlook/Short Term
March 8, 2004
BB-/Positive/B B+/Positive/B
Oct. 16, 2003 B+/Stable/B B+/Stable/B
July 28, 2003 B/Stable/B B/Stable/B
Nov. 7, 2002 B-/Stable/C B-/Stable/C
July 9, 2002 B-/Negative/C B-/Negative/C
June 26, 2002 B-/Stable/C B-/Stable/C
Jan. 29, 2002 B-/Positive/C B-/Positive/C
Nov. 30, 2001 B-/Stable/C B-/Stable/C
July 11, 2001 B-/Negative/C B-/Negative/C
April 27, 2001 B-/Stable/C B-/Stable/C
April 16, 2001 B-/CW-Neg./C B-/CW-Neg./C
Feb. 23, 2001 B/CW-Neg./C B/CW-Neg./C
Feb. 21, 2001 B+/CW-Neg./B B+/CW-Neg./B
Dec. 5, 2000 B+/Stable/B B+/Stable/B
April 25, 2000 B+/Positive/B B+/Positive/
