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Friday, October 03, 2008

Turkey To Return To Old Currency In 2009

"Turkey To Return To Old Currency In 2009

Fri, Oct 3 2008, 10:10 GMT
http://www.djnewswires.com/eu

Turkey To Return To Old Currency In 2009

ANKARA (AFP)--Turkey will return to its old currency, the Turkish Lira, on Jan. 1, after a major money reform four years ago that saw the introduction of the New Turkish Lira, officials said Friday.

Central Bank governor Durmus Yilmaz predicted that inflationist pressure triggered by the global financial crisis would have only a minimal effect on the new currency."

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