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The Turkish lira weakened following Prime Minister Recep Tayyip Erdogan's decision to block access to Twitter nine days before local elections.The currency dropped by as much as 0.7 percent before trading 0.4 percent weaker at 2.2387 per dollar during morning trading in Istanbul. Yields on two-year notes rose nine basis points to 11.50 percent in their third day of increases, approaching the highest level since July 2009 . Erdogan has said the tape, which was one of dozens released via anonymous accounts on Twitter, was fabricated.
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