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Friday, January 28, 2011

Turkey May Halt Buying Dollars Next Week as Lira Depreciates - Businessweek

"Turkey May Halt Buying Dollars Next Week as Lira Depreciates
January 28, 2011, 11:57 AM EST

By Selcuk Gokoluk

Jan. 28 (Bloomberg) -- Turkey’s central bank may halt its daily purchases of dollars next week after the lira weakened below a key level today, according to traders at Akbank TAS and WestLB AG."

More:Turkey May Halt Buying Dollars Next Week as Lira Depreciates - Businessweek