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View Full Version : Lira Options Show Worst Emerging Currency Approaching Record Low on Trade - Bloomberg



NewsWhore
07-26-2011, 01:10 AM
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Lira Options Show Worst Emerging Currency Approaching Record Low on Trade (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGP2WV5OAKQVYArPdKm2N2rKWoWOg&url=http://www.bloomberg.com/news/2011-07-25/lira-options-show-worst-emerging-currency-approaching-record-low-on-trade.html)
Bloomberg
Traders are paying the most in a year to protect against lira depreciation in the options market, with contracts suggesting a 69 percent chance that the currency will weaken to 1.80 by the end of 2012, from 1.7139 yesterday, data compiled by Bloomberg ...

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