For the best experience use inshorts app on your smartphone
Turkish President Erdogan replaces Finance Minister as Lira plunges
short by Atharva Pande / on 02 Dec 2021,Thursday
Turkish President Recep Tayyip Erdogan has appointed Nureddin Nebati as the new Finance Minister amid looming economic crisis. This comes as the Turkish currency, Lira fell by 27% last month making it one of the worst-performing currencies in the world. Earlier, Nebati had lauded Erdogan's drive to slash interest rates. "We're determined to implement it this time," he said.
short by Atharva Pande / 10:07 pm on 02 Dec
For the best experience use inshorts app on your smartphone