Erdogan appoints new finance minister to try to stem Turkish lira plunge

TOPICS: currency markets, interest rates, Recep Tayyip Erdogan, turkey, Turkish lira

The President of Turkey, Recep Tayyip Erdogan, has appointed Nureddin Nebati as the new Finance Minister on Wednesday, replacing Lutfi Elvan, in an attempt to reverse the country’s economic situation and the collapse of its currency, the Turkish lira. Thus, after a little more than twelve months at the head of the Finance portfolio, Elvan […]

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