The son-in-law of Turkish President Recep Tayyip Erdogan resigned on Sunday as finance minister, citing health reasons in a statement on his verified Instagram account.
"After serving in ministerial posts for nearly five years, I took the decision not to continue my duty (as finance minister) due to health issues," Berat Albayrak said.
Erdogan on Saturday dismissed the head of the country’s central bank following a period of high inflation and record lows for the lira.
Former Finance Minister Naci Agbal was brought in to replace Murat Uysal, according to a presidential decree announced in the Official Gazette.
The decision came after the lira lost nearly a third of its value since the start of the year - hitting a record low of 8.58 against the US dollar on Friday - and annual inflation stood at 11.89 percent.
Uysal was appointed chairman of the central bank in July 2019 after his predecessor failed to cut interest rates to boost the economy.
