Polat added in a press conference that exports rose 3.6 percent to $23.6 billion, while imports decreased 0.2 percent to $29.4 billion.
Late Friday evening, the credit rating agency announced, Standard & Poor’sraising Türkiye’s credit rating from “B+” to “BB-“, while amending its future outlook from “positive” to “stable.”
The agency said in a statement that the tight monetary policy stance of the Turkish Central Bank allowed for the stabilization of the lira, the reduction of inflation, the rebuilding of reserves, and the cancellation of the financial system’s dependence on the dollar, according to what was reported by the Anatolia Agency.
