The Turkish lira is slightly strongerbonds are weaker as investors expect inflation to increase further in the coming months. USD/TRY trades at 1.4920 from 1.4930 Monday, while the benchmark January 25, 2012 bond trades at 9.42% from 9.27% Monday. Analysts forecast TRY to trade between 1.48501.4980the benchmark bond to trade between 9.4%9.47%, in the short term.
Market Talk: Turkısh Lıra Stronger, Bonds Weaker
The Turkish lira is slightly strongerbonds are weaker as investors expect inflation to increase further in the coming months
