Market Talk: Turkısh Lıra, Bonds Stronger

The Turkish lirabonds are stronger as EUR gains ground against USDahead of the release of central bank's inflation report Tuesday

The Turkish lirabonds are stronger as EUR gains ground against USDahead of the release of central bank's inflation report Tuesday. USD/TRY trades at 1.5140 from 1.5190 Monday. Meanwhile the benchmark April 25, 2012 bond trades at 8.16% from 8.24% Monday. Analysts forecast TRY to trade between 1.50501.5200,the benchmark bond to trade between 8.13%8.25%, in the short term.
(SB-SB-ENG)


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