Turkish opposition chorus grows in response to plunging lira
The leaders of Turkey’s opposition parties on Tuesday called for action against the plunging lira after President Recep Tayyip Erdogan doubled own on his vow to keep interest rates at below inflation, sending the currency to historic lows.

Former Erdogan ally and current leader of the opposition Future Party Ahmet Davutoglu urged political party leaders and Turkish citizens to begin “the real economic war of independence,” in reference to Erdogan’s remarks the day before.
In an address to the nation following a cabinet meeting on Monday, the Turkish president said a “game was being played” over the lira and vowed the country would “emerge victorious from this war of economic independence.’’
Erdogan’s remarks prompted the lira to crash by 8 percent on Monday before plunged as much as 15 per cent on Tuesday, surpassing Turkey’s currency crisis of 2018. The currency has lost nearly 40 percent of its value against the dollar this year.
“This is no longer ignorance, but betrayal,’’ the former prime minister said on Twitter, as he called on the people of Turkey and political parties to take action.
Davutoglu also announced that he would shortly be meeting with the leader of Turkey’s main opposition Republican People’s Party (CHP), Kemal Kilicdarogu.
Kilicdarogu was joined by top party officials during the meeting that took place at the CHP headquarters in Ankara, T24 news site reported.
In a press conference following the meeting, Kilicdarogu called for snap elections as he urged Erdogan’s junior coalition partner and leader of the Nationalist Movement Party (MHP), Devlet Bahceli, to “open the door’’ for such a move ahead of the polls scheduled for 2023, should he have ‘’an ounce of love’’ for Turkey in his heart. 
Erdogan and Bahceli strongly dismiss calls for snap elections amid sliding approval rates for their parties and ruling alliance.
Davutoglu also called for immediate elections during the press conference as he highlighted what he called Erdogan’s faulty economic policies.
The Future Party leader blasted Erdogan for pointing to outside influences over the ailing lira, saying that every statement from Ankara had a “rocket-like effect’’ on the currency.
“The value of the Turkish lira is our honour… There is an income disparity between people living with dollars on the one hand and those living with the Turkish lira on the other,’’ Davutoglu said.
Another opposition leader and former Erdogan ally Ali Babacan also condemned the government over the lira crash.
“As our population becomes poorer, our government is saying ‘comply with this to keep our country going,’’ T24 news site cited the leader of the Democracy and Progress Party (DEVA) as saying at his party’s headquarters in Ankara. “How can a country whose population is becoming impoverished continue to stand?’’
The former deputy prime minister is widely credited with steering Turkey’s economy through years of rapid growth.
Meanwhile, residents of Ankara’s Esat neighbourhood took to the streets late Tuesday, urging the government to resign.
Footage share on Twitter showed crowds chanting ‘’AKP resign’’ with some people banging pots and pans.
Similar protests broke out in Istanbul as people marched in Istanbul’s Kadikoy and Sisli districts, calling for the government of Erdogan to step down.
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