Tuesday, September 22, 2015

Lira Declines With Bonds as Turkey Keeps Rates on Hold - Bloomberg Business

Lira Declines With Bonds as Turkey Keeps Rates on Hold
Tugce Ozsoy
September 22, 2015 — 11:22 AM CEST

Turkey’s lira fell for a second day and stocks dropped with bonds as the central bank left interest rates unchanged for a seventh month.

The currency weakened 0.5 percent to 3.0217 per dollar at 7:17 p.m. in Istanbul. Ten-year lira bonds were the worst performers in Europe, the Middle East and Africa and stocks fell for the first time in six days.

More:Lira Declines With Bonds as Turkey Keeps Rates on Hold - Bloomberg Business