Turkey’s battered currency rises after finance chief resigns

SourceArab News
SectorFinancial Markets
CountryMiddle east

Turkey's battered currency rises after finance chief resigns Turkey's battered currency rises after finance chief resigns Turkey's battered currency rises after finance chief resigns The lira currency has lost around 30 percent of its value since the start of the year, hitting a record low of 8.58 against the dollar on Friday. (AFP) Updated 09 November 2020 Turkey's battered currency rises after finance chief resigns Turkish currency jumps 5.8 percent to 8.02 per dollar Presidential son-in-law Berat Albayrak steps down as finance minister for health reasons Updated 09 November 2020 Follow @arabnews ANKARA: The Turkish lira firmed against the dollar on Monday a day after the finance minister, who is also the son-in-law to President Recep Tayyip Erdogan, announced his resignation on social media. The lira jumped 5.8 percent to 8.02 per dollar, even though it was not immediately clear whether ...read more...