Wednesday, June 29, 2011

Turkish Lira Gains After Greek Parliament Passes Budget Cuts

"Turkish Lira Gains After Greek Parliament Passes Budget Cuts
By Selcuk Gokoluk - Jun 29, 2011 11:30 AM ET

The lira snapped a seven-day losing streak and bonds gained as the Greek parliament passed budget cuts aimed at preventing a default and the Turkish central bank cut its dollar purchases in daily auctions. "

More:Turkish Lira Gains After Greek Parliament Passes Budget Cuts - Bloomberg