Turkish President Tayyip Erdogan’s overhaul of his economic team in November temporarily helped the Turkish lira recover from historic lows against the dollar and euro.. — Picture by Murat Cetinmuhurdar/PPO/Handout via ReutersISTANBUL, April 21 — Turkish President Recept Tayyip Erdogan today sacked his trade minister after she was accused of awarding lucrative contracts to companies headed by her husband.
The stories accused Pekcan of awarding two companies run by her husband contracts for the purchase of disinfectant products worth nine million liras—more than one million dollars at the current exchange rate. Erdogan’s overhaul of his economic team in November temporarily helped the Turkish lira recover from historic lows against the dollar and euro.
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