Erdogan’s power grab was years in the making, a culmination of his distaste for high rates that’s been linked to Islamic proscriptions on usury
Turkish Lira
Country’s sovereign debt and stock market also sustain blows
Murat Cetinkaya’s removal a year before his term is up raises questions over independence
Washington and Ankara are at loggerheads over the deal of Turkey with Russia
The Turkish President has pressed for recounts of the voting tally in the Constantinople municipal elections
Cost of borrowing the currency using swaps surges to highest level in 18 years
Economy contracts in final three months of 2018 ahead of local elections this month
Erdogan says U.S. behind economic attack on Turkey
Last month the Turkish lira was sent into a tailspin by a bitter diplomatic spat with the United States
"If they have their dollars, we have our people"