Turkey’s spotlight is on the stock market and the collapse of the Turkish lira, while Recep Tayyip Erdogan seems to be in another world.
The Istanbul Stock Exchange has been in a state of shock for the past four days due to the measures taken by the Turkish president, who has essentially guaranteed the exchange rate of the dollar against the pound and the Turks are depositing their money with the guarantee of the state. As a result, the stock market collapsed to 1,800 points from 2,200, while today its meeting was interrupted four times due to the vertical fall.
Meanwhile, the Central Bank of Turkey has reportedly sold $ 7 billion of its reserves in the last three days.
Nevertheless, Recep Tayyip Erdogan in his message today states that “he knows what he is doing, he knows where he is going, what he will do, how he will reach the goal” and among all the goals is the treatment of the coronavirus pandemic. In this context, he stated that Turkey now has the Turkish vaccine available and called on the citizens to be vaccinated immediately, without of course being approved by the World Health Organization.
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