Turkey sacks central bank governor after interest rate hike

Turkey sacks central bank governor after interest rate hike

Turkey fired the governor of its central bank and replaced him with economist and former ruling party lawmaker Sahap Kavcioglu, according to a presidential decree published late on Friday, in a move likely to raise concerns over the bank’s independence.   Former finance minister Naci Agbal, seen as a market-friendly figure, had only been in...

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Source: Turkey sacks central bank governor after interest rate hike

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