12/2/2021- 7:10 a.m.
Turkey’s Finance Chief Axed – Lira Remains in Freefall
After weeks of economic turbulence and subsequent unrest, Turkish President Recep Tayyip Erdogan has replaced the nation’s finance minister.
Nureddin Nebati will replace Lutfi Elvan, who’s had the job for a little more than a year, yet oversaw several economic calamities.
The Turkish lira has lost more than 40% of its value in 2021, which has sparked public protests and clashes with police.