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Friday, September 23, 2011

Turkey’s Recovery on Shaky Ground? - The Source - WSJ

Turkey’s Recovery on Shaky Ground?

It’s tough trying to keep up with Turkish markets.

Early on Wednesday Istanbul’s benchmark stock index and the lira were basking in the reflective glow of Tuesday’s local currency rating upgrade from Standard and Poor’s, which lifted assets higher and bolstered confidence that the fast-growing economy can safely navigate a soft landing.

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