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Saturday, July 19, 2008

East European Currencies: Turkish Lira Rises in Week on Rates

"East European Currencies: Turkish Lira Rises in Week on Rates

By Yon Pulkrabek

July 19 (Bloomberg) -- Turkey's lira posted its biggest weekly advance against the dollar since May after the central bank boosted its interest rate for a third time in as many months. The Czech koruna climbed to a record versus the euro and climbed for an eighth week."

More:Bloomberg.com: Worldwide