"Lira Strengthens After Central Bank Says Currency Undervalued
By Selcuk Gokoluk - Aug 15, 2011 10:32 AM ET
Turkey’s lira climbed against the dollar after central bank Governor Erdem Basci said the currency was undervalued and a rapid solution to Europe’s debt problems may drive the lira higher. "
More:Lira Strengthens After Central Bank Says Currency Undervalued - Bloomberg