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View Full Version : Lira Falls First Day in Seven After S&P Cuts Outlook to Stable - Bloomberg



NewsWhore
05-02-2012, 11:20 AM
Lira Falls First Day in Seven After S&P Cuts Outlook to Stable (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFMHgaFzQwBiOCrul-_4xGS2LcU9g&url=http://www.bloomberg.com/news/2012-05-02/lira-falls-first-day-in-seven-after-s-p-cuts-outlook-to-stable.html)
Bloomberg
The company cited less-buoyant external demand and worsening terms of trade as reasons behind the downgrade of the country's long-term foreign and local currency ratings outlook to stable from positive yesterday. Turkish bond and stock markets were ...

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