TL's new icon symbolizes safe investment haven

ANKARA (A.A) - March 1, 2012 - The governor of Turkish Central Bank said on Thursday that the new icon of the Turkish lira (TL) symbolized a safe investment haven.  Erdem Basci said economy bureaucrats had given priority to two significant features of the TL and Turkish economy when deciding about the new icon of the lira. "The new icon resembles an anchor, which emphasized that TL has become a safe investment haven," Basci told a press conference in Ankara.  Basci said the parallel lines of the new TL were heading upward, which symbolized the stable rising value of TL and Turkish economy  Moreover, Basci said TL was being more used in international markets in recent years, and gave the outcome of an Bank for International Settlements survey as an example. Basci said according to the survey, the use of TL had increased by three-folds in 2010 when compared to 2007.