Baku / 03.08.18 / Turan: On Thursday, August 2, the rate of the Turkish lira (TL, TRY) passed the psychological barrier - TRY 5 to USD 1 and continued falling.
By the end of trading on the currency exchange the rate was already TRY 5.08 per USD.
The day before, the TRY exchange rate was at the level of TRY 4.8 against the dollar.
The sharp drop in the rate occurred after the US imposed sanctions against the Turkish Ministers of Justice and Interior.
The reason for the sanctions was Ankara's refusal to release the US pastor Andrew Brunson accused by Ankara on charges of having links with Fethullah Gülen.
The pastor has lived in Turkey for more than 20 years and faces up to 35 years in prison, although there is no evidence of his guilt.
The fall of the TRY rate makes Turkey attractive for foreign tourists, who traditionally shop there.
Economic experts predict further decline in the TRY, which is primarily due to Erdogan's unpredictable economic policy and increased risks for foreign capital. The outflow of foreign investments from Turkey is another indicator of unfavorable economic prospects. -02D-
Politics
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On November 28, the Tbilisi City Court ruled to extradite Afgan Sadigov, the head of the website Azel.TV, to Azerbaijan. This was reported by his wife Sevinj Sadigova. The defense will appeal the court's decision.
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The leader of the Azerbaijan Popular Front Party (APFP), Ali Kerimli, has stated that his internet blockade has become more severe. “For almost five years, I have been under an internet blockade. But recently, it has taken on an openly blatant and shameless form,” Kerimli said during a press conference today.
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On November 27, an online hearing took place at the Khatai District Court regarding a petition from the defense for the release of Alaskar Mammadli, the founder of Toplum TV, under house arrest. Mammadli has been in custody at Baku’s Detention Center No. 1. The court denied the petition, Mammadli's brother, Nasimi Mammadli.
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On November 28, another hearing took place in the case of public activist Ilhamiz Guliyev. During the proceedings, the court reviewed a response from the 28th Police Station of the Yasamal District in Baku. At the previous hearing, the defense had requested that the court obtain footage from the surveillance cameras at this police station, where Guliyev was taken on December 4 of last year. However, the police response stated that the video footage had not been preserved.
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