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Friday, November 11, 2011

Lira Gains a 2nd Day as Policy Makers Cut Repo Funding to Banks - Businessweek

Lira Gains a 2nd Day as Policy Makers Cut Repo Funding to Banks
November 11, 2011, 10:44 AM EST

By Selcuk Gokoluk

Nov. 11 (Bloomberg) -- The lira appreciated for a second day as the central bank offered less in a repo auction than banks must repay and industrial production rose faster than expected in September, increasing rate-increase bets.

More:Lira Gains a 2nd Day as Policy Makers Cut Repo Funding to Banks - Businessweek