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Tuesday, September 13 2011 , Your time is 15:58:00
The Turkish currency continued its recovery against the U.S. dollar on Sept. 11, after the country’s official statistics authority announced soaring economic growth.
ANKARA - Anatolia News Agency
Turkish investors prefer to put their savings, be it Turkish Liras or foreign exchange, in short-term deposits, usually for three months, according to data published by Turkey’s Central Bank.
LONDON - Agence France-Presse
The Bank of England is expected to keep its key interest rate at a record low 0.50 percent at a meeting this week after the European Central Bank recently shocked markets with a surprise cut.
TOKYO - Agence France-Presse
Shares in Japanese camera maker Olympus endured another double-digit plunge in Tokyo trade yesterday amid uncertainty over the firm’s future after it admitted covering up losses since the 1990s.
BERLIN - Reuters
The much-awaited summit of French and German leaders ends with scarce detail given to the public. Speaking after Sunday’s summit, Nicolas Sarkozy and Angela Merkel say they are in ‘total agreement’ regarding the capital needs of European banks and promise to reveal a new plan by the end of the month