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Monday, November 03, 2008

Greenback Recovers Multi-Day Low Versus Turkish Lira

"Greenback Recovers Multi-Day Low Versus Turkish Lira

(RTTNews) - After touching a 4-day low of 1.5046 by about 2:40 am ET, the US dollar reversed its direction against its Turkish counterpart in New York trading on Monday. At 1:10 pm ET, the greenback climbed to 1.5560 from Friday's New York session close of 1.5435. The dollar is presently trading at 1.5480 versus the Turkish unit."

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