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Tuesday, February 21, 2012

Turkish Lira Falls as Central Bank Cuts Overnight Lending Rates - WSJ.com

Turkish Lira Falls as Central Bank Cuts Overnight Lending Rate

BY JOE PARKINSON

ISTANBUL—The Turkish lira fell on Tuesday as Turkey's central bank unexpectedly cut its overnight lending rates and issued a more dovish assessment of global monetary conditions.

More:Turkish Lira Falls as Central Bank Cuts Overnight Lending Rates - WSJ.com