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Thursday, December 18, 2008

Turkish lira gains 3 pct, rate cut eyed | Reuters

"Turkish lira gains 3 pct, rate cut eyed
Thu Dec 18, 2008 9:35pm IST

ISTANBUL, Dec 18 (Reuters) - The Turkish lira rose 3 percent on Thursday, boosted by this week's U.S. Fed rate cut and expected rate cut by the Turkish central bank later in the day."

More:UPDATE 2-Turkish lira gains 3 pct, rate cut eyed | Reuters