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Thursday, August 25, 2011

Lira Rises on Expectation of Stimulus From Federal Reserve - Bloomberg

Lira Rises on Expectation of Stimulus From Federal Reserve

By Selcuk Gokoluk - Aug 25, 2011 3:08 AM ET

The Turkish lira appreciated on speculation that the Federal Reserve may decide further stimulus measures and back appetite for emerging market assets.

More:Lira Rises on Expectation of Stimulus From Federal Reserve - Bloomberg