Market Talk: Turkısh Lıra, Bonds Wekaer

The Turkish lirabonds are weaker on some losses in European bourses following a Fitch report

The Turkish lirabonds are weaker on some losses in European bourses following a Fitch report. USD/TRY trades at 1.5380 from 1.5320 Monday. Meanwhile the benchmark November 16, 2011 bond ends trade at 9.17% from 9.07% Mondayit moves to 9.22% in Wednesday value-dated transactions. Analysts forecast TRY to trade between 1.53101.5450the benchmark bond to trade between 9.17%9.3%, in the short term.
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