Wednesday, September 28, 2011

‘Sudden’ Lira Depreciation Not Good for Economy, Caglayan Says - Businessweek

‘Sudden’ Lira Depreciation Not Good for Economy, Caglayan Says
September 28, 2011, 3:54 AM EDT

By Ercan Ersoy

Sept. 28 (Bloomberg) -- Sudden depreciation in the lira isn’t good for the Turkish economy, Trade Minister Zafer Caglayan said at a conference in Istanbul today.

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