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Tuesday, June 13, 2006

FT.com / World / Europe - Turkish central bank props up the lira

"Turkish central bank props up the lira
By Vincent Boland in Ankara
Published: June 13 2006 17:18 | Last updated: June 13 2006 17:18

Turkey’s central bank was forced to intervene in the foreign exchange markets on Tuesday to prop up the value of the lira as investors continued to sell Turkish stocks and bonds in a wider retreat from emerging markets."

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