Monday, September 26, 2011

Turkish Lira Depreciates to Record Low on Europe Debt Concern - Businessweek

Turkish Lira Depreciates to Record Low on Europe Debt Concern
September 26, 2011, 11:51 AM EDT

By Selcuk Gokoluk

Sept. 26 (Bloomberg) -- The Turkish lira weakened to a record low against the dollar as analysts forecast further declines in the country’s currency amid concern Europe will struggle to resolve the region’s debt crisis.

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