Open source
The Minister of Finance of the Republic of Turkey, Berat Albayrak (who is the son-in-law of Turkish President Recep Erdogan), described the fall of the national currency as an «attack» and promised that on Monday morning investors will be presented with an action plan to save the lira, CNBC reported.
«This is a very clear attack launched by the largest player in the financial system,» – Albayrak said.
According to the Minister, the bank, together with the Government, prepared a plan of action in this situation. Small and medium-sized enterprises which have experienced the greatest influence of currency volatility of the real sector, participated in its development too.
Note that since the beginning of the year Turkish lira has fallen down by 45%, and the publication explains this by the reaction of investors to many anti-American statements of President Recep Erdogan.
As The Journalist reported earlier, Erdogan threatens US to withdraw from NATO, and urges Turks to sell dollars and euros.
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