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Saturday, January 29, 2011

Turkish lira weakens to 7-month low as foreigners sell

"Turkish lira weakens to 7-month low as foreigners sell

ISTANBUL | Fri Jan 28, 2011 9:31am EST

ISTANBUL Jan 28 (Reuters) - The Turkish lira IYIX= weakened to 1.60 per dollar on Friday, its lowest level since June 2010, as foreigners sold off the currency after central bank steps to curb hot money inflows."

MoreŞTurkish lira weakens to 7-month low as foreigners sell | Reuters