S&P affirms Turkey's credit rating at B+

On Friday, the Standard & Poor's (S&P) rating agency had unchanged Turkey's credit rating.

Turkey's long-term foreign currency credit rating settled at B+, while its long-term local currency credit rating was also preserved at BB-.

The outlook is secure, and Turkey's economy in last year increased 0.9 percent.

In July, S&P estimated Turkey's economy would decline 3.3 percent in the previous year.