Do More With Reuters
Partner Services

Turkish lira firms to January levels, inflation eyed

Mon Aug 4, 2008 2:00pm IST
 
Email | Print | | Single Page
[-] Text [+]

ISTANBUL, Aug 4 (Reuters) - Turkey's lira IYIX= firmed to its strongest level since January 15 on Monday at 1.1495 against the dollar as analysts revised their expectations for July inflation.

Expectations for the July data, being released at 1400 GMT, improved after figures showing Istanbul retail prices decreased by 1.86 percent in July, despite power price hikes. (Reporting by Thomas Grove)

special coverage

Budget 2009/10
Budget 2009/10

The government presents the budget on July 6.  Full Coverage