"Turkish lira appreciated, crossing the USD/TRY 1.40, mark
Roubini - 09.11.2010
The decision for another round of quantitative easing measures by the Fed fuelled prices on the emerging markets, and Turkish assets were no exception.The lira appreciated, crossing the USD/TRY 1.40 mark, while the ISE 100 equity market index rose by 3.3% in a day. Bond prices were hit earlier in the week on the back of higher than expected inflation data (+1.8% mom), but recently recovered as well."
More:Balkans.com Business News : Turkish lira appreciated, crossing the USD/TRY 1.40, mark
