The agency announced on July 18, three days after the defeated coup attempt in Turkey, that it began a "review for downgrade" of the country`s credit rating.
In Friday`s statement, Moody`s said it would complete its review within 90 days of the July 18 announcement.
The statement said although the putsch failed, Moody`s would continue to assess the medium-term effect of the crisis and its aftermath.
Speaking of the abortive coup, Moody’s said it "is likely that it will exacerbate existing challenges in" areas of Turkey`s policy-making institutions and business climate, the country`s external buffers to absorb potential shocks and its growth prospects.
Moody`s has a number of typical dates in a yearly calendar on which it announces ratings statements on Turkey, including one in the first week of August which has now passed.
Aside from the conclusion of the ongoing three-month review, the only remaining date this year when the agency is expected to make a statement is Dec. 2.
The last time Moody`s took a rating action on Turkey was last December, when it confirmed the country`s rating at "Baa3" and its outlook as "negative."
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