NewsWhore
02-21-2012, 11:10 AM
Turkish Lira Weakens the Most in a Week on Lending Rates Cut (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHPtMaHcY7lYtQDkLSf74gOoRX27A&url=http://www.bloomberg.com/news/2012-02-21/lira-heads-for-biggest-drop-this-year-as-yields-fall-on-interest-rate-cut.html)
Bloomberg
“The unexpected cut weighs on the lira as the market interprets it as a sign of relaxation of the monetary policy,”Murat Toprak, chief currency strategist for Europe, the Middle East and Africa at HSBC Holdings Plc in London, said in e-mailed comments.
and more » (http://news.google.com/news/more?ned=us&ncl=d4mJkPNYm0F6ApM)
More... (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHPtMaHcY7lYtQDkLSf74gOoRX27A&url=http://www.bloomberg.com/news/2012-02-21/lira-heads-for-biggest-drop-this-year-as-yields-fall-on-interest-rate-cut.html)
Bloomberg
“The unexpected cut weighs on the lira as the market interprets it as a sign of relaxation of the monetary policy,”Murat Toprak, chief currency strategist for Europe, the Middle East and Africa at HSBC Holdings Plc in London, said in e-mailed comments.
and more » (http://news.google.com/news/more?ned=us&ncl=d4mJkPNYm0F6ApM)
More... (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHPtMaHcY7lYtQDkLSf74gOoRX27A&url=http://www.bloomberg.com/news/2012-02-21/lira-heads-for-biggest-drop-this-year-as-yields-fall-on-interest-rate-cut.html)