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Turkish Lira Falls on Concern Over Iraq, Rate Cut Speculation

Story date: 2007-10-16 07:44:00
Added on: 2007-10-16 21:00:43


Bloomberg - Oct. 16 (Bloomberg) -- The Turkish lira fell to a three-week low against the dollar on speculation the army will intervene in Iraq and the central bank will cut interest rates by as much as a half-point today. Prime Minister Recep Tayyip Erdogan said ...


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