Thus, Nureddin Nebati was appointed to this post instead of the former head of the Turkish financial department Lutfi Elvan.

Earlier, Erdogan decided to resign the head of the country's Central Bank, Murat Uysal, amid a record fall in the lira exchange rate.

Later, he commented on the fall in the lira exchange rate and noted that the course towards lowering the interest rate in the country would continue.