Monday, July 25, 2011

Lira Pares World's Worst Drop on Dollar-Buying, Reserves Moves

"Lira Pares World's Worst Drop on Dollar-Buying, Reserves Moves

July 25 (Bloomberg) -- The lira, the world's worst- performing currency this month, pared its fourth day of losses after the central bank canceled its dollar-buying auctions and cut foreign-exchange reserve requirements for banks."

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