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)
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