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Reuters
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The Turkish currency fell 2% to 8.05 pounds against the dollar during Friday’s trading.
It comes at a time when investors are still concerned about Turkish President Recep Tayyip Erdogan’s sudden dismissal of the central bank governor and his replacement by another supporter of tightening monetary policy.
The pound fell 1.9% against the US currency and settled at 8.05 pounds, at 11:07 a.m. GMT, after a close of 7.9350 pounds on Thursday.
It is worth noting that the Turkish currency has lost more than ten percent of its value since the end of last week.
Source: Reuters
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