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View Full Version : Societe Generale Sees 'Aggressive' Rate Increases in Turkey - Bloomberg



NewsWhore
10-20-2011, 10:20 AM
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Societe Generale Sees &#39;Aggressive&#39; Rate Increases in Turkey (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNH96vKoC2gGl3BsPzg389_3YMONSA&url=http://www.bloomberg.com/news/2011-10-20/socgen-sees-hungary-style-aggressive-rate-increases-in-turkey.html)
Bloomberg
The bank has used up about 10 percent of its foreign-currency reserves since July selling dollars to stem the lira&#39;s decline. Today, the central bank left its benchmark rate unchanged at 5.75 percent, according to an e-mailed statement. ...

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