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View Full Version : Lira Gains First Time in 3 Days After Bank Halts Cheaper Funding - Bloomberg



NewsWhore
05-04-2012, 06:00 AM
Lira Gains First Time in 3 Days After Bank Halts Cheaper Funding (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNERbbiXcWTExAlXa9OKWu5nQWGyAg&url=http://www.bloomberg.com/news/2012-05-04/lira-gains-first-time-in-3-days-after-bank-halts-cheaper-funding.html)
Bloomberg
The currency appreciated 0.3 percent to 1.7586 per dollar at 10:15 am in Istanbul, increasing the weekly gain to 0.1 percent. The yield on two-year benchmark debt erased earlier losses, rising 5 basis points, or 0.05 percentage point, to 9.38 percent.

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