Turkish President Recep Tayyip Erdogan has instructed the State Supervisory Board to investigate the reasons for the sharp depreciation of the lira against the dollar in the foreign exchange market.

Axar.az reports that this was reported by the Turkish media.

The agency has reportedly acted in accordance with Erdogan's instructions to investigate allegations of currency manipulation.

Institutions and organizations that buy large amounts of foreign currency, especially the dollar, and the euro, will be identified. As a result of the investigation, a protocol will be drawn up and if a criminal act is detected, it will be sent to the relevant authorities for action.