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Erdogan names former New York Fed economist as Turkey s new central bank chief

Erdogan names former New York Fed economist as Turkey s new central bank chief
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Turkish Lira Under Renewed Pressure After Central Bank Chief Resigns

(Bloomberg) Turkey’s commitment to orthodox economic policies that made it an investor favorite will be put to the test after central bank governor Hafize Gaye Erkan resigned on Friday. Most Read from BloombergMeta’s $197 Billion Surge Is Biggest in Stock-Market HistoryDonald Trump Loses London Case Against Ex-MI6 Spy Over Kremlin DossierA $560 Billion Property Warning Hits Banks From NY to TokyoThe Most Popular Man in Ukraine Has Become a Problem for ZelenskiyStock Bull Run Powers Ahead as U

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Turkish Lira Under Renewed Pressure After Central Bank Chief Resigns

Turkish Lira Under Renewed Pressure After Central Bank Chief Resigns
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Final rate hike to 45% to end Turkish central bank s tightening cycle

Türkiye's central bank is widely expected to deliver another interest rate hike this week, in what would mark an end to its aggressive tightening.

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For Turkey s Investors, 2024 Is Still All About Winning Trust

For Turkey s Investors, 2024 Is Still All About Winning Trust
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