"The investment case for Turkey
On January 1, 2005, the New Turkish Lira (TRY currency) was born and replaced the TRL as the currency of the Republic of Turkey, a country with 68 million inhabitants that is negotiating accession to the European Union.
This is not just of symbolic value but might lead to a major re-valuation of Turkish risk and Turkish financial assets.
There is new momentum in Turkey and investors seem to have taken notice of this. Turkey might surprise investors and turn out to be the best performing equity market in the world in 2005. "
More"Bangkok Post Friday 14 January 2005 - The investment case for Turkey