1.   If the Turkish Army does step in, though, or if the Turkish lira goes into a tailspin, things are going to get very messy.

2.   In other emerging markets, the Turkish lira rallied against the dollar as did the South African rand.

3.   Instead of Brady bonds, Balboa said he prefers treasury bills denominated in Egyptian pounds, Turkish lira, Romanian leu, Thai baht and Bulgarian lev.

4.   On the other, the Turkish lira was unstable.

5.   Only the Mexican peso, Turkish lira and Venezuelan bolivar have weakened more than the yen.

6.   So far this year, the Treasury has sold bonds in Italian lire, deutsche marks and three offers of inflation-linked bonds denominated in Turkish liras.

7.   The currency of northern Cyprus is the Turkish lira.

8.   The financial markets were alarmed, creating a crisis that sent the value of the Turkish lira plummeting and prices soaring.

9.   The Turkish lira and stock market have recovered from December lows as investors conclude a coalition between the Welfare and Motherland parties is unlikely to dramatically change financial markets.

10.   The Turkish lira plummeted.