Turkish Digest Advertising Rates

Annual Advertising options

Thursday, August 05, 2010

Turkish Lira Pits Trade Minister Against Central Bank in Currency Dispute - Bloomberg

"Turkish Lira Pits Trade Minister Against Central Bank in Currency Dispute
By Seda Sezer and Steve Bryant - Aug 4, 2010 7:01 PM EDT

July 2 (Bloomberg) -- Turkey's Finance Minister Mehmet Simsek talks about the effect of the European sovereign debt crisis on his country's economy. Simsek speaks with Francine Lacqua on Bloomberg Television's 'Countdown.' (Source: Bloomberg)

The Turkish lira’s best winning streak in five years has provoked a spat between Trade Minister Zafer Caglayan and the central bank. A widening current-account deficit may favor those wanting a weaker currency. "

More:Turkish Lira Pits Trade Minister Against Central Bank in Currency Dispute - Bloomberg