Monday, July 8, 2013

Reuters: Money News: Hot money exodus sends currency wars into reverse

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Reuters: Money News
Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals.
Hot money exodus sends currency wars into reverse
Jul 9th 2013, 04:35

LONDON (Reuters) - Turkey's efforts to pull the lira off record lows on Monday are likely to be emulated across emerging markets as central banks fight to avert an exodus of foreign capital driven by the impending turn in U.S. policy.

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