"A Boost For Turkey
Lionel Laurent, 11.21.08, 07:30 AM EST
Government pledges to stimulate the economy and the prospect of IMF aid help lift the beleaguered lira.
The Turkish lira was one of many emerging-market currencies to suffer from the financial meltdown, falling more than a third against the dollar between September and October. But the Turkish government's promise of fresh measures to boost the economy, along with the central bank's determination to boost foreign-exchange liquidity, saw confidence return to the lira on Friday."
More:A Boost For Turkey - Forbes.com
