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View Full Version : Lira Reaches Record Low as Turkey Output Falls Most in 23 Years - Bloomberg



NewsWhore
03-09-2009, 08:50 AM
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Lira Reaches Record Low as Turkey Output Falls Most in 23 Years (http://news.google.com/news/url?sa=T&ct=us/4-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601087%26sid%3DaVTZaeyH8iHM%26refer%3Dhome&cid=1312880463&ei=WRG1Sc_2KZzqQqK6gPwF&usg=AFQjCNHVZgUWwnBxeI6jF1e0vleifCUD2w)
Bloomberg
“We are in uncharted territory,” said Levent Guven, head of currency trading in Istanbul at Turk Ekonomi Bankasi AS. “1.80 was a psychological level and volatility will be very high from now on.” The Turkish lira plunged last week by the most in almost ...


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