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View Full Version : Rate Tightening Bets Fade as Lira Gives Basci Room to Cut: Turkey Credit - Bloomberg



NewsWhore
02-19-2012, 04:50 PM
Rate Tightening Bets Fade as Lira Gives Basci Room to Cut: Turkey Credit (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNETgqbAmvygTNI7Nv6CwnuihchgtA&url=http://www.bloomberg.com/news/2012-02-19/rate-tightening-bets-fade-as-lira-gives-basci-room-to-cut-turkey-credit.html)
Bloomberg
The rebound in the world's worst- performing currency is diminishing the likelihood that Turkey's central bank will raise interest rates to stem the highest inflation in 19 major emerging markets, trading in the swaps market shows.

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