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Turkish finance minister resigns in second surprise departure after lira slide
By , ANKARA (Reuters) - Turkish Finance Minister Berat Albayrak said on Sunday he was resigning for health reasons, the second surprise departure of a top economic policymaker in two days after the central bank chief was ousted.The upheaval follows a 30% slide in the lira to record lows this year amid the coronavirus pandemic as investors worried about falling forex reserves and the central bank’s ability to tackle double-digit inflation.Albayrak’s resignation, announced in an Instagram statement confirmed by an official, came a day after father-in-law President Tayyip Erdogan replaced the...…By , ANKARA (Reuters) - Turkish Finance Minister Berat Albayrak said on Sunday he was resigning for health reasons, the second surprise departure of a top economic policymaker in two days after the central bank chief was ousted.The upheaval follows a 30% slide in the lira to record lows this year amid the coronavirus pandemic as investors worried about falling forex reserves and the central bank’s ability to tackle double-digit inflation.Albayrak’s resignation, announced in an Instagram statement confirmed by an official, came a day after father-in-law President Tayyip Erdogan replaced the...WW…
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