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Monday, January 02, 2012

Turkish Lira Heads for 2-Week High as Bank Combats Depreciation - Businessweek

Turkish Lira Heads for 2-Week High as Bank Combats Depreciation
January 02, 2012, 10:03 AM EST

By Selcuk Gokoluk

Jan. 2 (Bloomberg) -- Turkey’s lira headed for the strongest level in two weeks after the central bank sold dollars directly in the currency market for a second day.

More:Turkish Lira Heads for 2-Week High as Bank Combats Depreciation - Businessweek