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View Full Version : Buy Rand, Sell Lira as as Turkey to Hold Back on Rates, BNP Paribas Says - Bloomberg



NewsWhore
04-05-2011, 08:10 AM
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Buy Rand, Sell Lira as as Turkey to Hold Back on Rates, BNP Paribas Says (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHGTx0vS-tfQAM-50zUt03OQPDkIQ&url=http://www.bloomberg.com/news/2011-04-05/buy-rand-sell-lira-as-as-turkey-to-hold-back-on-rates-bnp-paribas-says.html)
Bloomberg
BNP Paribas SA advised clients to buy South Africa&#39;s rand and sell lira on expectations Turkey&#39;s central bank will hold back from raising interest rates, reducing the Turkish currency&#39;s carry-trade appeal. ...

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