Thursday, October 06, 2011

Lira Rises Most in Five Weeks as Bank Challenges Currency Bears With Sales - Bloomberg

Lira Rises Most in Five Weeks as Bank Challenges Currency Bears With Sales

By Selcuk Gokoluk - Oct 6, 2011 3:15 PM GMT+0200

The lira climbed, posting the biggest two-day increase in five weeks, after the central bank sold $350 million for liras in a challenge to investors who are betting on a weaker currency.

More:Lira Rises Most in Five Weeks as Bank Challenges Currency Bears With Sales - Bloomberg