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Photo: anadolu.com
Erdogan fired Uysal amid record drop in lira exchange rate
The decision to fire Uysal was made against the backdrop of a record drop in the lira exchange rate, the newspaper notes.
The president of the Turkish central bank, Murat Uysal, was removed from office. This was reported on Saturday, November 7, by the RBC-Ukraine news agency with reference to the decree of Turkish President Recep Tayyip Erdogan.
The decision to fire Uysal was made against the backdrop of a record drop in the lira exchange rate, the newspaper notes.
Earlier this week, the lira depreciated to 8.49 lira to the US dollar. The previous record was set at the end of October this year.
Note that as of November 5, the exchange rate was 0.12 lire to the dollar, while in mid-January it was 0.17 lire. Thus, this year the Turkish currency has lost 30% of its value.
Earlier, Erdogan announced new restrictions in relation to the spread of the coronavirus in Turkey. According to him, the citizens of the country must strictly observe the mask regime, social distance and hygiene measures.
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