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The lira sign was unveiled at a time when Turkey is trying to expand the use of the currency in bilateral trade. Last week Turkey signed a three-year currency swap deal worth $1.6 billion (euro1.2 billion) with China. The Turkish lira was trading at 1.74 against US dollar on Thursday. Turkey's currency has slid against the dollar over the past year, pleasing exporters who have long complained that the overvalued lira was hurting their chances of competition.
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