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Monday, May 07, 2012

Turkish Lira Weakens to Two-Week Low on European Election Result - Bloomberg

Turkish Lira Weakens to Two-Week Low on European Election Result
By Selcuk Gokoluk - May 7, 2012 11:56 AM ET

The lira headed for the weakest close in almost two weeks after French and Greek election results raised concern the European debt crisis may worsen, reducing risk appetite for emerging-market currencies.

More:Turkish Lira Weakens to Two-Week Low on European Election Result - Bloomberg