Turkey Policy Shift Backed by S and P
Turkey's strict monetary policies support its sovereign rating despite slower disinflation. S and P notes upcoming elections will test the central bank's commitment to financial discipline.
Xurve View
Insights:
Xurve View
Turkey maintains its BB- sovereign rating as strict monetary policies take hold, though slower disinflation and upcoming elections pose risks. S&P Global Inc analysts point to progress since 2023, when Ankara reversed years of loose monetary settings. Annual inflation sits just below 30%, testing central bank discipline ahead of scheduled 2028 presidential and parliamentary votes.
