The Turkish lirabonds are weaker after IMF said that it ended talks with Turkey on a new possible loan deal. USD/TRY trades at 1.5420 from 1.5370 Tuesday, while the benchmark November 16, 2011 bond trades at 9.30% from 9.17% Tuesday. Analysts forecast TRY to trade between 1.53801.5500the benchmark bond to trade between 9.25%9.35%, in the short term.
Market Talk: Turkısh Lıra, Bonds Weaker On Endıng Imf Loan Talks
The Turkish lirabonds are weaker after IMF said that it ended talks with Turkey on a new possible loan deal
