Market Talk: Turkısh Lıra, Bonds Weaker
The Turkish lirabonds are weaker on worries over Greeceother European countries, which have financial problems
The Turkish lirabonds are weaker on worries over Greeceother European countries, which have financial problems. USD/TRY trades at 1.4930 from 1.4840 Friday. Meanwhile the benchmark January 25, 2012 bond trades at 9.24% from 9.16% Friday. Analysts forecast TRY to trade between 1.48501.5010the benchmark bond to trade between 9.2%9.3%, in the short term.
