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View Full Version : Lira Bond Rally Back on Track as Output Eases Trade Concern: Turkey Credit - Bloomber



NewsWhore
03-08-2012, 05:50 PM
Lira Bond Rally Back on Track as Output Eases Trade Concern: Turkey Credit (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFK63k0iBPkunKBNd3CiDWR23bEXA&url=http://www.bloomberg.com/news/2012-03-08/lira-bond-rally-back-on-track-as-output-eases-trade-concern-turkey-credit.html)
Bloomberg
Traders are becoming more bullish on the currency, cutting the cost to exchange lira payments for dollars by the most in five weeks, sending the two- year cross currency swap rate falling 14 basis points to 7.27 percent yesterday.

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