Moody's on Turkey: Referendum outcome unlikely to ease political uncertainty
US ratings agency Moody's out with their Turkish delight, or lack of it. 19 April
- narrow "Yes" vote extends uncertainty
- adverse political climate to undercut Turkey growth
- sees expansionary fiscal policy stance persisting
Yesterday fellow ratings agency Fitch had this to say
On Sunday Erdogan won both the referendum by a narrow 51.4% and support from Trump amid calls of voting irregularities.
USDTRY currently 3.6664 from highs of around 3.7200 in the immediate aftermath.