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Tag Archives: Erdogan fires central bank chief as policy rifts deepen

Erdogan fires central bank chief as policy rifts deepen


July 7, 2019

ANKARA: Turkish Presi­dent Tayyip Erdogan sacked the governor of the central bank on Saturday as differences between them deepened over the timing of interest rate cuts to revive the recession-hit economy. Governor Murat Cetinkaya, whose four-year term was due to run until 2020, will be replaced by his deputy Murat Uysal, a presidential decree published early on Saturday in the …

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