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Friday, January 20, 2012

Lira Declines First Day in Five After Central Bank Eases Monetary Policy - Bloomberg

Lira Declines First Day in Five After Central Bank Eases Monetary Policy

By Selcuk Gokoluk - Jan 20, 2012 10:59 AM ET

The lira fell for the first day in five after the central bank signaled it will ease monetary policy by more than tripling its minimum funding to banks via lower-cost one-week repo.

More:Lira Declines First Day in Five After Central Bank Eases Monetary Policy - Bloomberg