Turkish Lira continues sinking amid Central Bank’s auction moves
ISTANBUL- Hürriyet Daily News
The Turkish Lira hovered just off record lows near 2 liras to the dollar, while the 2-year benchmark bond yield inched above 10 percent in quiet trade on Aug. 26. The poor performance indicates that the Central Bank’s efforts to prevent the currency’s slide failed to soothe investor concerns.
More:FINANCE - Turkish Lira continues sinking amid Central Bank’s auction moves