Bloomberg News

Turkish Lira Weakens First Time in Four Days, Bond Yields Rise

August 07, 2012

The Turkish lira weakened for the first time in four days and bond yields rose for a second day.

The lira weakened 0.2 percent to 1.7792 per dollar at 10:49 a.m. in Istanbul. Yields on benchmark two-year bonds rose one basis point, or 0.01 percentage point, to 7.54 percent.

To contact the reporter on this story: Selcuk Gokoluk in Istanbul at sgokoluk@bloomberg.net

To contact the editor responsible for this story: Gavin Serkin at gserkin@bloomberg.net


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