2012.06.08 10:33:53 MARKET TALK: Credit Suisse Turns More Bearish On Turkish Lira

0833 GMT [Dow Jones] Credit Suisse turns more bearish on the Turkish lira, and raises its 12-month USD/TRY forecast to 2.17 from 2.05 previously. Cites an improved inflation outlook in the country, and expectations that the central bank will be more willing to let the currency weaken once the current CPI trend reverses. USD/TRY at 1.8379. (eva.szalay@dowjones.com) Contact us in London. +44-20-7842-9464 Markettalk.eu@dowjones.com (END) Dow Jones Newswires June 08, 2012 04:33 ET (08:33 GMT)