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View Full Version : Babacan Says Turkey Central Bank Showed It Can Raise Rates - Bloomberg



NewsWhore
11-23-2011, 08:20 AM
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Babacan Says Turkey Central Bank Showed It Can Raise Rates (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGssnW3_ajC2H3zjvdrQ6AVfvuPaA&url=http://www.bloomberg.com/news/2011-11-23/babacan-says-turkey-central-bank-showed-it-can-raise-rates-1-.html)
Bloomberg
The adjustment will be helped by a weaker lira after the currency fell about 17 percent against the dollar this year, according to central bank forecasts. The lira extended losses today, dropping 0.7 percent to 1.8635 per dollar at 1 pm local time, ...

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