TITLE

Turkey: Still Targeting TRY1.1000/US$

PUB. DATE
December 2007
SOURCE
Emerging Markets Monitor;12/31/2007, Vol. 13 Issue 36, p17
SOURCE TYPE
Country Report
DOC. TYPE
Article
ABSTRACT
The article presents an outlook for the financial market in Turkey in 2008. It is inferred that the Turkish financial markets are likely to be characterised by further sideways trading over the first quarter of 2008. According to the article, the lira has had difficulty pushing much higher beyond the key level. It is stated that after depreciating to a medium-term trendline support level, the lira has bounced.
ACCESSION #
28086231

 

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