Tuesday 03, December 2013 by Robin Amlôt

Turkey protected from potential QE tapering, says Moody's; market prospects encouraging, says Celent

While a potential tapering of the US government's quantitative easing (QE) programme is likely to result in higher funding costs, greater funding outflows and a reduced availability of credit across global financial markets, the impact on various sectors of Turkey's economy will likely be limited and short-lived, says Moody's Investors Service in a new Special Comment published on 2 December.

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