Turkey's central bank governor has resigned, citing the need to protect her family
Gabriel Neagu
International
Foto: Handout / AFP / Profimedia
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The country faces rising inflation and a sharp depreciation of the Turkish lira. Thus, the resignation is caused by mounting pressures on Turkey's monetary policy. Governor Erkan was appointed in June 2022 with the task of implementing a 180-degree change from previous policies characterized by low interest rates.
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