Tuesday, January 31, 2012

Lira, Turkish Bonds Surge as Central Bank Says Won’t Stop Currency Gaining - Bloomberg

Lira, Turkish Bonds Surge as Central Bank Says Won’t Stop Currency Gaining

By Selcuk Gokoluk - Jan 31, 2012 10:44 AM ET

The lira climbed to its strongest level in almost three months after central bank governor Erdem Basci said he foresaw no need to intervene and arrest the currency’s advance this year. Bonds gained for a fourth day.

More:Lira, Turkish Bonds Surge as Central Bank Says Won’t Stop Currency Gaining - Bloomberg