×
×
Monday
23
Dec 2024
weather symbol
Athens 10°C

> Turkish central bank

> Turkish central bank

Erdogan economics weaponized as Central Bank looks to cut rates

Erdogan’s power grab was years in the making, a culmination of his distaste for high rates that’s been linked to Islamic proscriptions on usury

Turkish lira sinks 2% after Erdogan sacks central bank governor

Country’s sovereign debt and stock market also sustain blows

Erdogan sacks Turkish central bank governor

Murat Cetinkaya’s removal a year before his term is up raises questions over independence