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Thursday, June 26, 2008

Turkey May Dip Into Reserves for Record Debt Payments

"Turkey May Dip Into Reserves for Record Debt Payments

By Ali Berat Meric and Steve Bryant

June 26 (Bloomberg) -- Turkey said it may dip into cash reserves to help pay a record $36 billion of domestic debt due in the next two months as borrowing costs soar."

More:Bloomberg.com: Worldwide