Turkey protests not current threat to investment: Fitch

ISTANBUL: Anti-government protests in Turkey are not a threat to the country's sovereign investment-grade rating at present, ratings agency Fitch said on Friday.

But persistent unrest with a material effect on the economy could pressure the rating.

Fitch said in a statement that the demonstrations had not been on a scale to cause significant economic disruption but that the situation could escalate with an adverse impact for the economy if poorly handled.