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Wednesday, December 17, 2008

Turkish assets boosted by U.S. rate cut - Forbes.com

"Turkish assets boosted by U.S. rate cut
12.17.08, 04:03 AM EST

ISTANBUL, Dec 17 (Reuters) - The Turkish lira traded as much as 1.75 percent stronger against the dollar on Wednesday and shares opened up more than 2 percent, buoyed by the U.S. Federal Reserve bank's cut in interest rates to a record low."

More:Turkish assets boosted by U.S. rate cut - Forbes.com