“We have allocated a fund in the amount of $ 10 billion for investments in Turkey,” RIA Novosti reports.

In addition, as TASS writes with reference to the trading data, the Turkish lira has strengthened by 7% after reports of the intentions of Turkey and the UAE to sign a number of major financial agreements.

Earlier, protests took place in Istanbul and Ankara after the collapse of the Turkish lira.

In November 2020, Turkish President Recep Tayyip Erdogan decided to resign the head of the country's Central Bank, Murat Uysal, amid a record drop in the lira exchange rate.