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Thursday, May 10, 2012

Lira Gains First Day in 4 on Tighter Policy, Key Threshold Level - Bloomberg

Lira Gains First Day in 4 on Tighter Policy, Key Threshold Level
By Selcuk Gokoluk - May 10, 2012 4:15 AM ET

The Turkish lira strengthened for the first time in four days as the currency approached a key resistance level against the dollar and the country’s central bank refrained from lending at its lowest policy rate.

More:Lira Gains First Day in 4 on Tighter Policy, Key Threshold Level - Bloomberg