Turkey’s Erdogan ousts central bank chief for refusing rate cuts
07 July 2019 - 17:14
Ankara — Turkish President Tayyip Erdogan sacked the central bank governor for refusing the government’s repeated demands for rate cuts, Hurriyet newspaper on Sunday quoted Erdogan as telling a meeting with his party’s MPs.
Governor Murat Cetinkaya, whose four-year term was due to run until 2020, was replaced by his deputy Murat Uysal, a presidential decree published on Saturday in the official gazette showed...
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