XSLT mapping to remove double quotes which has PIPE delimited symbol inside - xslt

Question

Experts, i need to write XSLT 1.0 code to eliminate the Pipe delimited symbol inside double quotes and also need to remove those double quotes..
Input:
<?xml version="1.0" encoding="utf-8"?>
<ns:MT_FILE>
<LN>
<LD>EXTRACT|"28|53"|1308026.7500|1176</LD>
</LN>
<LN>
<LD>DETAIL|1176|"LOS LE|OS PARRILLA"|Y|R||||<LD>
</LN>
</ns:MT_FILE>
** Desired Output:**
<?xml version="1.0" encoding="utf-8"?>
<ns:MT_FILE>
<LN>
<LD>EXTRACT|2853|1308026.7500|1176</LD>
</LN>
<LN>
<LD>DETAIL|1176|LOS LE OS PARRILLA|Y|R||||<LD>
</LN>
</ns:MT_FILE>
** XSLT I used is below:**
<?xml version="1.0" encoding="utf-8"?>
<xsl:stylesheet version="1.0" xmlns:xsl="http://www.w3.org/1999/XSL/Transform">
<xsl:output method="xml" indent="yes"/>
<xsl:template match="#*|node()">
<xsl:copy>
<xsl:apply-templates select="#*|node()"/>
</xsl:copy>
</xsl:template>
<xsl:template match="*/text()">
<xsl:value-of select="translate(., '\"', '')"/>
</xsl:template>
</xsl:stylesheet>
This XSLT removing all the double quotes from my input field, please assist here..

Answer 1

If it can be assumed that quotes will always come in pairs, you could do:
XSLT 1.0
<xsl:stylesheet version="1.0"
xmlns:xsl="http://www.w3.org/1999/XSL/Transform">
<xsl:output method="xml" version="1.0" encoding="UTF-8" indent="yes"/>
<xsl:strip-space elements="*"/>
<!-- identity transform -->
<xsl:template match="#*|node()">
<xsl:copy>
<xsl:apply-templates select="#*|node()"/>
</xsl:copy>
</xsl:template>
<xsl:template match="text()">
<xsl:call-template name="process">
<xsl:with-param name="text" select="."/>
</xsl:call-template>
</xsl:template>
<xsl:template name="process">
<xsl:param name="text"/>
<xsl:choose>
<xsl:when test="contains($text, '"')">
<xsl:value-of select="substring-before($text, '"')"/>
<xsl:value-of select="translate(substring-before(substring-after($text, '"'), '"'), '|', '')"/>
<xsl:call-template name="process">
<xsl:with-param name="text" select="substring-after(substring-after($text, '"'), '"')"/>
</xsl:call-template>
</xsl:when>
<xsl:otherwise>
<xsl:value-of select="$text"/>
</xsl:otherwise>
</xsl:choose>
</xsl:template>
</xsl:stylesheet>

Answer 2

As you tagged as EXSLT:
<xsl:stylesheet xmlns:xsl="http://www.w3.org/1999/XSL/Transform"
version="1.0"
xmlns:regexp="http://exslt.org/regular-expressions"
exclude-result-prefixes="regexp">
<xsl:template match="#*|node()">
<xsl:copy>
<xsl:apply-templates select="#*|node()"/>
</xsl:copy>
</xsl:template>
<xsl:template match="LD/text()">
<xsl:value-of select="regexp:replace(., '(")([^|]+)\|([^"]+)(")', 'g', '$2$3')"/>
</xsl:template>
</xsl:stylesheet>