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TURKEY
RTRENEY
22 Feb. 2001
A Turkish woman peers through a glass door of a closed... more
TURKEY
RTRENEY
22 Feb. 2001
Istanbul, Turkey
A Turkish woman peers through a glass door of a closed foreign exchange bureau which stopped trading for a few hours in central Istanbul early February 22, 2001. A notice hung on the door reads in Turkish as "Trading will start afternoon at 12.00". Turkey's newly floated currency traded against the dollar at a depreciation of 17 to 27 percent in first trading completed on the interbank spot market on Thursday. Turkey announced early on Thursday it would float the lira in a bid to pull out of a devastating financial crisis sparked by fears of political instability.

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