Turkish Lira Slides to Record, Yields Surge on Concern Over Bank Policy
By Selcuk Gokoluk - Dec 28, 2011 11:22 AM ET
The lira hit a record low against the dollar and yields surged after the central bank said it will stop lending at the benchmark interest rate on some days, raising uncertainty about monetary policy.
More:Turkish Lira Slides to Record, Yields Surge on Concern Over Bank Policy - Bloomberg