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Wednesday, November 12, 2008

Turkish lira drops 4.5 pct on risk aversion | Industries | Financial Services & Real Estate | Reuters

"Turkish lira drops 4.5 pct on risk aversion

ISTANBUL, Nov 12 (Reuters) - The Turkish lira weakened more than 4.5 percent against the dollar on Wednesday and shares fell as investors pulled out of global emerging markets amid uncertainty over the chances of an IMF deal for Turkey."

More:UPDATE 1-Turkish lira drops 4.5 pct on risk aversion | Industries | Financial Services & Real Estate | Reuters: