Tolerance.ca
Director / Editor: Victor Teboul, Ph.D.
Looking inside ourselves and out at the world
Independent and neutral with regard to all political and religious orientations, Tolerance.ca® aims to promote awareness of the major democratic principles on which tolerance is based.

Turkey's plunging lira: don't expect an end to this saga soon

By Emre Tarim, Lecturer in Behavioural Sciences, Lancaster University
Share this article
The Turkish lira has once again made global headlines, with a steep drop of 15% on March 22, running from below 7.20 to the US dollar to over 8.28, before settling just below 8.00. This came on the back of a midnight decree on March 19 by the Turkish president, Recep Tayyip Erdoğan, to sack Naci Ağbal, the governor of the central bank.

This is the third time Erdoğan has sacked a governor since being elected the first executive president of Turkey in June 2018. Such a turnover of governors in the age of


Read complete article

© The Conversation -


Follow us on ...
Facebook Twitter