Turkey: An Interfering President And A Central Bank With No Independence

Turkey: An Interfering President And A Central Bank With No Independence

 

Turkey’s President Recep Tayyip Erdogan, took markets by surprise on March 18th, 2021, when he fired Central Bank Governor Naci Agbal, less than five months into his first term. Why did he do it? What will be the impact on the Turkish currency and the economy? @lailajohnsonsal has the answers in this special report.

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