Bloomberg News

Turkish Central Bank Against Further Decline in Lira, Basci Says

September 30, 2011

Sept. 30 (Bloomberg) -- Turkish central bank governor Erdem Basci said he wouldn’t welcome further losses for the lira.

The decline in the lira has been “useful and sufficient,” Basci said in a speech in the northwestern city of Edirne today.

To contact the editor responsible for this story: Mark Bentley at

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