Turkish Finance Minister Resigns in Second Surprise Departure After Lira Slide

Turkish Finance Minister Resigns in Second Surprise Departure After Lira Slide
Turkish Treasury and Finance Minister Berat Albayrak attends a news conference in Istanbul, Turkey, on April 10, 2019. Umit Bektas/Reuters
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ANKARA—Turkish Finance Minister Berat Albayrak said on Nov. 8 he was resigning for health reasons, the second surprise departure of a top economic policymaker in two days after the central bank chief was ousted.

The upheaval follows a 30 percent slide in the lira to record lows this year amid the coronavirus pandemic as investors worried about falling forex reserves and the central bank’s ability to tackle double-digit inflation.