Friday, February 20, 2009

Turk lira weaker after surprise rate cut, banks fall | Industries | Financial Services & Real Estate | Reuters

"Turk lira weaker after surprise rate cut, banks fall

ISTANBUL, Feb 20 (Reuters) - Turkish stocks fell lower, led by financials, on fears of U.S. bank nationalisations, while the lira slumped on Friday and bonds yields fell the day after a surprise 150 basis point central bank rate cut."

More:Turk lira weaker after surprise rate cut, banks fall | Industries | Financial Services & Real Estate | Reuters