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Thursday, January 02, 2014

Turkish Lira Falls to Record as Tax Increases Curb Rate Bets - Bloomberg

Turkish Lira Falls to Record as Tax Increases Curb Rate Bets
By Selcuk Gokoluk Jan 2, 2014 8:01 AM ET

Photographer: Kerem Uzel/Bloomberg

The lira tumbled 17 percent last year, the second-biggest drop among emerging markets... Read More

The Turkish lira fell to a record low as price and tax increases curtailed bets of a possible interest-rate increase.

More:Turkish Lira Falls to Record as Tax Increases Curb Rate Bets - Bloomberg