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DBRS withdraws ratings on Turkey

DBRS withdrew its ratings on Turkey, saying the decision was made at the rating agency's discretion.

The last rating action on Turkey came Feb. 17, 2017, when DBRS confirmed the country's long-term foreign and local currency issuer ratings at BB (high) and BBB (low), respectively.

Turkey's short-term foreign and local currency issuer ratings were also confirmed back then at R-3 and R-2 (middle), respectively.

The trend on all of Turkey's ratings was negative.