Wednesday, September 29, 2010

Turkish bonds, lira rally, helped by dollar | Reuters

"Turkish bonds, lira rally, helped by dollar

By Daren Butler

ISTANBUL, Sept 29 (Reuters) - The Turkish lira firmed to its strongest level against the dollar since January on Wednesday, boosted by positive sentiment towards emerging markets and weakness in the U.S. currency.

The main share index ended slightly lower after touching a fresh record high during the day. Bond yields fell amid growing risk appetite and as minutes of the latest central bank monetary policy committee meeting were well received by markets."

More:UPDATE 3-Turkish bonds, lira rally, helped by dollar | Reuters