The Turkish lira weakened 13 per cent after President Tayyip Erdogan removed a central bank deputy governor, Murat Cetinkaya, from his post on Tuesday, 10 days after he fired the bank's hawkish governor in a shocking move.

Turkish lira drops after President Erdogan fires deputy central bank chief

Turkish President Tayyip Erdogan sacked the central bank governor for refusing the government's repeated demands for rate cuts, Hurriyet newspaper on Sunday quoted Erdogan as telling a meeting with his party's lawmakers.

Erdogan says Turkish central bank chief ousted for refusing rate cuts: Report

Turkey on Saturday fired its central bank governor and replaced him with the bank's deputy governor, a presidential decree published on the official gazette showed.

Turkey fires central bank governor as policy differences deepen

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Turkish lira drops after President Erdogan fires deputy central bank chief

Erdogan says Turkish central bank chief ousted for refusing rate cuts: Report

Turkey fires central bank governor as policy differences deepen