Monday, June 10, 2013

Reuters: US Dollar Report: Moody's says Turkey's credit risk will rise if protests go on

Reuters: US Dollar Report
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Moody's says Turkey's credit risk will rise if protests go on
Jun 10th 2013, 09:08

ISTANBUL, June 10 | Mon Jun 10, 2013 5:08am EDT

ISTANBUL, June 10 (Reuters) - Anti-government protests across Turkey have heightened the risks to the country's balance of payments and will become increasingly credit negative the longer they last, ratings agency Moody's said on Monday.

Protesters have occupied Istanbul's central Taksim Square for more than a week and police have fired tear gas and water cannon against demonstrators in clashes across the country.

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