Tuesday, July 01, 2008

Turkish Lira Declines, Stocks Slide After Alleged Coup Arrests

"Turkish Lira Declines, Stocks Slide After Alleged Coup Arrests

By Ewa Krukowska

July 1 (Bloomberg) -- The Turkish lira fell to a two-week low against the dollar and stocks dropped the most in 3 1/2 months after police arrested 24 people on suspected links to a group allegedly plotting a coup. Government bonds also declined."

More:Bloomberg.com: Europe