The Turkish lirabonds are weaker in line with losses in European bourses. USD/TRY trades at 1.4940 from 1.4840 Friday. Meanwhile the new benchmark January 25, 2012 bond ends trade at 9.05% from 8.97% Fridayit moves to 9.04% in Tuesday value-dated transactions. Analysts forecast TRY to trade between 1.48901.5010the benchmark bond to trade between 9%9.08%, in the short term.
Market Talk: Turkısh Lıra, Bonds Weaker
The Turkish lirabonds are weaker in line with losses in European bourses
