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Tuesday, April 12, 2011

Lira Strengthens as Turkey Current-Account Gap Beats Estimates

"Lira Strengthens as Turkey Current-Account Gap Beats Estimates
April 11, 2011, 7:25 PM EDT

By Selcuk Gokoluk

April 11 (Bloomberg) -- The lira appreciated for a fifth day against the dollar after a report showed Turkey’s current- account deficit was smaller than estimated in February as capital inflows increased."

More:Lira Strengthens as Turkey Current-Account Gap Beats Estimates - Businessweek