Lira Pares Monthly Drop as Fitch Maintains Turkey's Credit Grade
Constantine Courcoulas
February 29, 2016 — 3:37 AM EST
Turkey’s lira strengthened the most in more than three months as some traders bet its 2.3 percent slide on Friday was overdone, given the decision by Fitch Ratings to maintain the nation’s investment-grade status.
More:Lira Pares Monthly Drop as Fitch Maintains Turkey's Credit Grade - Bloomberg Business