Still Robust, Turkey Looks Set to Weather Downgrade to “Junk”

By Asli Kandemir and Nevzat Devranoglu ISTANBUL/ANKARA, Sept 27- On the first trading day after Moody’s downgraded Turkey’s sovereign rating to “junk”, the reaction in Istanbul and Ankara was swift and predictable — stocks and the lira took a beating and policymakers accused the agency of playing politics. But the market fall-out was relatively short-lived,

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