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Friday, August 10, 2012

Turkish Lira Weakens Second Day After Industrial Output Shrinks - Bloomberg

Turkish Lira Weakens Second Day After Industrial Output Shrinks
By Selcuk Gokoluk - Aug 8, 2012 4:24 PM GMT+0200

The lira weakened for a second day after a contraction in industrial production boosted speculation the central bank will ease monetary policy to stimulate Turkey’s economy which shrank in the first quarter.

More:Turkish Lira Weakens Second Day After Industrial Output Shrinks - Bloomberg