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Friday, June 30, 2006

Inflow Alone Won't Stabilize Lira - Forbes.com

"Inflow Alone Won't Stabilize Lira
Oxford Analytica 06.30.06, 6:00 AM ET
Turkey's Investor Advisory Council holds its third annual meeting in Istanbul today to discuss how the country can attract more foreign direct investment (FDI). The meeting coincides with a period of market turmoil, which has highlighted the dangers of reliance on short-term capital inflows such as investments in local bond and stock markets."

More:Inflow Alone Won't Stabilize Lira - Forbes.com