Erdogan fires Turkish Central Bank Governor after new Lira dive
Recep Tayyip Erdogan ousted Turkish Central Bank Governor Murat Uysal in the early hours of Saturday and replaced him with former Finance Minister Naci Agbal after a new record-breaking low for the Turkish lira.
The decision to replace Uysal was taken by presidential decree and published in the Turkish Government Gazette.
The Turkish lira closed at 8,5445 against the dollar on Friday after a low of 8,58. It has weakened 30% against the US dollar this year.
Uysal was appointed governor in July 2019, replacing Murat Cetinkaya.
Nachi Agbal served as finance minister from 2015 to 2018, when he was appointed head of the presidential strategy and budget department.
You may be interested
Covid-19 Greece – 2,152 new cases on Wednesday
makis - Nov 25, 2020The Greek authorities announced 2,152 new cases of coronavirus on Wednesday, of which 6 were detected following checks at the…
Greece provides 50% tax deductions to foreigners and Greeks abroad
Panos - Nov 25, 2020The Greek Finance Ministry is introducing a series of tax incentives with the aim of attracting foreign workers and the self-employed, as…
No Tram and Metro services in Athens on Thursday due to strike
Panos - Nov 25, 2020Commuters in Athens will have no tram and metro services this Thursday, November 26, after staff in STASY, the fixed-rail…
Leave a Comment
Latest Posts
Covid-19 Greece – 2,152 new cases on Wednesday
The Greek authorities announced 2,152 new cases of coronavirus on Wednesday, of which 6 were detected following checks at the country’s gateways. The total number of cases…
Greece provides 50% tax deductions to foreigners and Greeks abroad
The Greek Finance Ministry is introducing a series of tax incentives with the aim of attracting foreign workers and the self-employed, as well as Greeks who left the country…
Covid-19 Greece – 2,152 new cases on Wednesday
makis - Nov 25, 2020The Greek authorities announced 2,152 new cases of coronavirus on Wednesday, of which 6 were detected following checks at the country’s gateways. The total number of cases…
Greece provides 50% tax deductions to foreigners and Greeks abroad
Panos - Nov 25, 2020The Greek Finance Ministry is introducing a series of tax incentives with the aim of attracting foreign workers and the self-employed, as well as Greeks who left the country…
