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Monday, July 16, 2012

Lira Falls on Interest Rate-Cut Bets, Pares Last Week’s Advance - Bloomberg

Lira Falls on Interest Rate-Cut Bets, Pares Last Week’s Advance
By Benjamin Harvey - Jul 16, 2012 6:52 PM GMT+0300

The lira weakened, paring last week’s gain, and bond yields fell as JPMorgan Chase & Co. and Garanti Yatirim Ortakligi (GRNYO) AS said the central bank may cut interest rates at its policy meeting this week

More:Lira Falls on Interest Rate-Cut Bets, Pares Last Week’s Advance - Bloomberg