Turkey’s Lira Depreciates Most in Two Weeks as Stock, Bond Trading Resume
By Selcuk Gokoluk - Sep 2, 2011 6:59 AM ET
The lira depreciated the most in two weeks as traders bought dollars after Turkey’s currency climbed to a month high. Bonds rallied as the market re-opened after a 3 1/2-day religious holiday on bets the central bank may cut interest rates this month.
More:Turkey’s Lira Depreciates Most in Two Weeks as Stock, Bond Trading Resume - Bloomberg