The Turkish lira and bonds are weaker on heavy selling pressure in European bourses and the Istanbul Stock Exchange. Testing 1.5220 earlier, USD/TRY now trades at 1.5180 from 1.5090 Thursday. Meanwhile the benchmark November 16, 2011 bond ends trade at 9.
05 Şubat 2010 18:02
The Turkish lira and bonds are weaker on heavy selling pressure in European bourses and the Istanbul Stock Exchange. Testing 1.5220 earlier, USD/TRY now trades at 1.5180 from 1.5090 Thursday. Meanwhile the benchmark November 16, 2011 bond ends trade at 9.06% from 9.01% Thursday but it moves to 8.99% in Monday value-dated transactions. Analysts forecast TRY to trade between 1.5080 and 1.5260 and the benchmark bond to trade between 8.95% and 9.05%, in the short term.
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