Protesters in Turkey demanded the resignation of the authorities after the collapse of the lira exchange rate

A video posted on Twitter from the Kurtulus district of Istanbul shows police trying to stop a crowd of protesters by blocking off a street. Protesters demanded the resignation of the government and members of the ruling party In Ankara and Istanbul, protests took place after a record fall in the exchange rate of the lira against the dollar, Cumhuriyet reported. Inflation in Turkey is four times higher than the target, Reuters specified. On Monday, November 22, the Turkish currency for the first time began to cost more than 12 lira per dollar, and on Tuesday & mdash; more than 13 liras. In Ankara, police tried to interfere with protesters, including setting up barriers. Their participants demanded the resignation of the government and members of the ruling Justice and Development Party (AKP). Subscribe to RBC's Telegram Receive news faster than anyone Истoчник rbc.ru In Istanbul, residents also protested in front of the Central Bank building. Earlier on Tuesday, the Turkish currency for the first time began to cost more than 13 lira per dollar. The protests began on Tuesday evening, they took place in different districts of the capital and Istanbul. They protested against the high cost of living, inflation and low wages. In another video, protesters can be heard chanting “ Government '' resign! & raquo ;. On Monday, Turkish President Recep Tayyip Erdogan said that the country is moving away from the old policy based on high borrowing costs and a strong currency, and is moving to a new one, involving increased investment, exports and job creation. Members of the Confederation of Progressive Trade Unions of Turkey (DISK) attended a rally last week amid deteriorating economic conditions in Izmir. Participants of the rallies dispersed to nearby lanes, but then gathered again in the procession, Cumhuriyet reports. During 2021 the Turkish lira has shown the worst results among currencies of countries with emerging economies, wrote Reuters. The representative of the regional branch of the Memish Sarah Confederation pointed to the growth of poverty and unemployment in Turkey, as well as unfairly high taxes, in his opinion. Some held a poster that said, “You did your job badly, you will be judged, let the government resign.” During the processions, protesters pounded pots and pans, Cumhuriyet reports. According to the agency's calculations, the value of the lira has fallen by almost 40% since the beginning of the year, with a drop of almost 20% recorded over the past week.