Lira

Turkish currency surges after finance minister resigns

Turkish currency surges after finance minister resigns

Turkey’s lira surged to a five-percent gain against the dollar Monday after President Recep Tayyip Erdogan’s son-in-law gave up his finance minister brief following the appointment of a new central bank chief. Investors read the resignation of Berat Albayrak  — the powerful husband of Erdogan’s elder daughter Esra — and of the central bank’s Murat […]