Ankara-Sana
Today, the Turkish lira fell by more than 17 percent against the dollar, after the decision to dismiss the central bank governor.
According to Agence France-Presse, the Turkish currency was traded at 8.47 pounds per dollar this morning in Asia, compared to 7.22 pounds per dollar at the end of last week.
The Turkish lira fell yesterday by as much as 13 percent in early trade in Asia.
Yesterday, Turkey appeared on the brink of a new wave of economic turmoil, after the President of the Turkish regime, Recep Tayyip Erdogan, sacked the governor of the Central Bank, Naji Iqbal, from his post and replaced him as a former deputy from his Justice and Development Party.
The Turkish currency continues to deteriorate due to the deteriorating political and economic conditions in the country as a result of the Erdogan regime's policies and repressive measures that led to a decline in tourism and investments and a decrease in the country's foreign exchange earnings.