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Monday, November 10, 2008

Turkish lira climbs to 4-day high against dollar despite weak economic report

"Turkish lira climbs to 4-day high against dollar despite weak economic report

The Turkish currency surged against the US dollar in early trading on Monday despite a negative report from the Turkstat. The lira rose to a 4-day high of 1.5156 against the buck by 6:45 am ET, compared to last Friday's closing value of 1.5488."

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