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Thursday, July 28, 2011

Lira Gains Most in Month on Turkish Central Bank’s Pledge to Halt Drop - Bloomberg

"Lira Gains Most in Month on Turkish Central Bank’s Pledge to Halt Drop

By Selcuk Gokoluk - Jul 28, 2011 11:37 AM ET

The lira strengthened the most in a month and bond yields declined after central bank chief Erdem Basci indicated he’s ready to take steps to halt the currency’s retreat. "

More:Lira Gains Most in Month on Turkish Central Bank’s Pledge to Halt Drop - Bloomberg