Turkish government fires statistics head as inflation climbs rapidly


Turkey’s president fired the head of the country’s official statistical agency shortly before it announced the highest inflation figures for nearly 20 years.

Turkey’s finance minister was in London today (February 8), holding meetings in an apparent bid to calm investors’ fears over the country’s debt and currency. The Turkish government also secured a €1.1 billion ($1 billion) deposit with the central bank from Azerbaijian, in the latest measure to boost its currency reserves.


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