S & P downgraded the rating of Turkey, the lira exchange rate fell to a record low – TVNZ

the evening of July 20, the international rating agency S & amp; P Global Ratings has lowered long-term sovereign rating of Turkey in foreign currency from «BB +» to level «BB», and in the national – to «BBB-» to «BB +». Outlook negative.

In a press release on the website of the agency noted that the political instability after the military coup in the country will undermine investor confidence, reduced capital inflows. According to analysts, there is a serious likelihood that Turkey can delay the payment of the external debt.

After the news of the Turkish lira exchange rate fell to a record low. The dollar

climbed to 3.0834 lira -. 1.35% compared with the previous trading day

CHRONICLE military coup in Turkey

Photo of the rebellious city

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