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Friday, February 07, 2014

Lira Inflicts Pain as Debt Costs Swell: Turkey Credit - Bloomberg

Lira Inflicts Pain as Debt Costs Swell: Turkey Credit
By Taylan Bilgic Feb 7, 2014 3:18 AM ET

Ercan Cercioglu is holding off on investing in new technology for the Turkish maker of car parts that he runs as the lira’s slide makes it harder for companies to service foreign-currency debt.

More:Lira Inflicts Pain as Debt Costs Swell: Turkey Credit - Bloomberg