The Turkish lirabonds are stronger in line with strong gains in European boursesbetter-than-expected domestic industrial production data. USD/TRY trades at 1.5170 from 1.5400 Friday, while the benchmark January 25, 2012 bond trades at 9.57% from 9.93% Friday. Analysts forecast TRY to trade between 1.50601.5525the benchmark bond to trade between 9.5%9.65%, in the short term.
Market Talk: Turkısh Lıra, Bonds Stronger
The Turkish lirabonds are stronger in line with strong gains in European boursesbetter-than-expected domestic industrial production data
