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TOKYO – The Turkish lira is strongly weakened after President Tayyip Erdogan fired the central bank governor over the weekend, but eased some Monday losses in Asian trade.
The lira was trading at 5.7390 for a dollar, down 1.9 percent that day (at 23:33 GMT Sunday). Governor Murat Cetinkaya, whose four-year term was set to end in 2020, was replaced by his deputy Murat Uysal, a presidential decree issued early Saturday in the official journal.
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