The Traderszone Network

Published in TZ Latest News 1 November, 2015 by The TZ Newswire Staff

Turkish lira makes solid gains after AK Party wins election

Eamonn highlighted the victory in his
wrap
– lira firms to below 2.8 vs USD
– 10-year benchmark bond yield fall to 9.24% vs 9.77% on Friday
Going for a snap election was a gamble, so soon after the Islamist-rooted AKP lost its majority in the June election but the AKP will have significantly more seats than the 276 it needed to rule on its own.