UPDATE 1-Turkish lira plunges on cheap funding, Greece worries
Fri, May 11 2012
Tue May 15, 2012 12:15pm EDT
* Lira hits seven-week low vs dlr on cheap lira funding, Greece worries
* Bonds down on worries about weaker lira
* Shares down, underperforming emerging markets (Adds fresh quotes, closing prices)
ISTANBUL, May 15 (Reuters) - The Turkish lira weakened to a seven-week low versus the dollar on Tuesday, dragged down by central bank cheap repo funding and global worries about Greece, while bond yields rose due to the lira's weakness.
More:UPDATE 1-Turkish lira plunges on cheap funding, Greece worries | Reuters
