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Wednesday, August 07, 2013

Turkish lira gains as cbank points to currency risk on inflation | Reuters

Turkish lira gains as cbank points to currency risk on inflation

By Dasha Afanasieva

ISTANBUL, Aug 6 (Reuters) - Turkey's lira firmed against the dollar on Tuesday after the central bank said a weak currency risked stoking inflation, fuelling expectations for tighter monetary policy.

More:Turkish lira gains as cbank points to currency risk on inflation | Reuters