News Headline Summary

Moody's keeps Turkey rating at Ba1; outlook positive

Says:
- Would consider upgrading Turkey's rating if government makes further progress reducing C/A deficit.

Reaction details:

- No immediate reaction in spot TRY following this news; trades 1.7659 (-10 pips) last.
- 5 minutes following, spot TRY moves 18 pips higher from 1.7657 to 1.7675.

Print 13:51, 28 Jan 2013 - Rating Agency comments - Source: Newswires