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After the deterioration of the lira, Erdogan fired the head of the Turkish Central Bank

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After the deterioration of the lira, Erdogan fired the head of the Turkish Central Bank Empty After the deterioration of the lira, Erdogan fired the head of the Turkish Central Bank

Post by claud39 Sat Nov 07, 2020 12:30 pm

After the deterioration of the lira, Erdogan fired the head of the Turkish Central Bank




07 November 2020 11:17 AM





After the deterioration of the lira, Erdogan fired the head of the Turkish Central Bank 1024








Mubasher: Turkish President Recep Tayyip Erdogan decided to dismiss the head of the Central Bank, Murat Uysal, after the exchange rate of the local currency, the lira, deteriorated.

Today, Saturday, the Anatolia News Agency stated that the President of the Turkish Central Bank, Murat Uesal, was dismissed by a presidential decree, and Naji Agbal, head of the Strategy and Budget Department in the Presidency of the Republic, was appointed to succeed him.

It is worth mentioning that Uisal took office in July 2019 after the dismissal of his predecessor, Murat Chetin Kaya, after disagreements about cutting interest rates.

During the past months, the lira witnessed a wave of major declines to record lows against the dollar.After the deterioration of the lira, Erdogan fired the head of the Turkish Central Bank 21185569_AR_1604736714_Capture

 

The exchange rate of the lira during today's trading was $ 8.51, according to Bloomberg Agency.



It is noteworthy that the Turkish Central Bank has spent  $ 10 billion since last July to support the currency.

Nominations 




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claud39
claud39
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