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Wednesday, January 22, 2014

Lira Slumps as Turkish Central Bank Waits to Raise Cost of Funds - Businessweek

Lira Slumps as Turkish Central Bank Waits to Raise Cost of Funds
By Onur Ant January 22, 2014

Turkey’s lira extended the longest stretch of losses in almost three months after the central bank said it would wait until next week to raise the cost of funding to lenders.

More:Lira Slumps as Turkish Central Bank Waits to Raise Cost of Funds - Businessweek