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View Full Version : Turkish Bond Yields Rise Most in 5 Years on Lira Concern, Rate Increase - Bloomberg



NewsWhore
10-21-2011, 09:30 AM
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Turkish Bond Yields Rise Most in 5 Years on Lira Concern, Rate Increase (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFElodvNs2ywxbMYT0KiKjSPKjsWw&url=http://www.bloomberg.com/news/2011-10-21/turkish-bond-yields-rise-most-in-5-years-on-lira-concern-rate-increase.html)
Bloomberg
“It is very hard for an inflation-targeting central bank to target both inflation and the currency rate when the current account deficit is deeply negative.” The current account deficit has widened to about 10 percent of economic output as imports ...

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