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Monday, August 15, 2011

Lira Strengthens After Central Bank Says Currency Undervalued - Bloomberg

"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