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Friday, January 03, 2014

Lira Oversold as Turkish Graft Probe Spurs Drop: Market Reversal - Businessweek

Lira Oversold as Turkish Graft Probe Spurs Drop: Market Reversal
By Isobel Finkel January 03, 2014

The Turkish lira is poised to rebound after a corruption scandal engulfing Prime Minister Recep Tayyip Erdogan’s government pushed the currency to its most oversold level in a decade.

More:Lira Oversold as Turkish Graft Probe Spurs Drop: Market Reversal - Businessweek