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Tuesday, August 23, 2011

Turkish Rate Cut May Push Lira to Record Low, DZ Bank Says - Bloomberg

Turkish Rate Cut May Push Lira to Record Low, DZ Bank Says

By Selcuk Gokoluk - Aug 23, 2011 4:30 AM ET

The lira may test record lows at about 1.82 per dollar should the central bank cut the benchmark interest rate at a meeting today, DZ Bank AG said.

More:Turkish Rate Cut May Push Lira to Record Low, DZ Bank Says - Bloomberg