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Wednesday, January 25, 2012

Lira Drops for 2nd Day as ECB May Not Take Losses on Greek Debt - Businessweek

Lira Drops for 2nd Day as ECB May Not Take Losses on Greek Debt
January 25, 2012, 11:57 AM EST

By Selcuk Gokoluk

Jan. 25 (Bloomberg) -- The Turkish lira weakened for a second day as risk appetite decreased after reports the European Central Bank may not take losses on its Greek debt holdings.

More:Lira Drops for 2nd Day as ECB May Not Take Losses on Greek Debt - Businessweek