Any inflows of foreign funds to Turkey should be used to replenish central bank reserves, not to strengthen the lira, a top member of leading business association TUSIAD said on Friday.
S&P Global Ratings on Wednesday revised its outlook for Brazil to "positive" from "stable," delivering a timely boost to leftist President Luiz Inacio Lula da Silva as he seeks to boost growth and dispel fears of economic mismanagement.
Gold prices edged higher on Tuesday after the dollar pulled back, although the moves were muted as traders awaited the U.S. inflation data and the Federal Reserve's decision on interest rates.