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NewsWhore
01-05-2012, 08:20 AM
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Lira Depreciates for Second Day, Paring Weekly Gain Prompted by Bank Sales (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGwDHFdslvBNiPy2d7tylkau1Jleg&url=http://www.bloomberg.com/news/2012-01-05/lira-depreciates-for-second-day-paring-weekly-gain-prompted-by-bank-sales.html)
Bloomberg
29 to 1.8 percent, the biggest increase among regional emerging-market currencies. “The central bank may intervene again today but I do not think that it will sell a big amount,” Burcin Metin, chief currency trader at ING Bank AS, said in e-mailed ...

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