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Turkey faces junk status as Moody's weighs political turmoil

Credit-rating firm has to decide if the chaos will hamper country's ability to service debt


BACK in December, with Turkey teetering on the edge of losing its investment-grade rating, Moody's Investors Service said only political stability and a commitment to a long-overdue economic reform programme could pull the country back from the brink.

Since then, Turkey...

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