Basci Forecasts Turkish Lira Rally, Says Losses Are ‘Temporary’
October 01, 2011, 6:36 AM EDT
By Emre Peker
Oct. 1 (Bloomberg) -- Turkish central bank Governor Erdem Basci said declines in the lira are “temporary” and the currency will appreciate within a year.
More:Basci Forecasts Turkish Lira Rally, Says Losses Are ‘Temporary’ - Businessweek