Erdogan's son-in-law resigns as finance minister
Berat Albayrak, the son-in-law of Turkish President Recep Tayyip Erdogan, stepped down as Turkey's finance minister on Sunday citing health reasons, Deutsche Welle reported.
"After serving in ministerial posts for nearly five years, I took the decision not to continue my duty due to health issues," Albayrak said on Instagram. He also said he intends to spend more time with his family, whom he said he "neglected."
He is married to Erdogan's eldest daughter Ersa and has four children.
Albayrak's resignation comes a day after Erdogan dismissed the head of Turkey's central bank, Murat Uysal, and replaced him with former Finance Minister Naci Agbal.
As the source said, the further upheaval is unlikely to help the dismal state of Turkey's economy. The lira, the nation's currency, hit a record low of 8.48 against the US dollar (10.12 to the euro) on Friday, and annual inflation stands at 11.89%.