Turkey removes central bank governor, appoints deputy

July 6, 2019 06:11
Breaking news

Breaking news. (photo credit: JPOST STAFF)

Turkey had to remove central bank governor after he declined to resign, citing the bank's independence, sources told Reuters Saturday morning. The country removed its central bank governor early on Saturday and replaced him with the bank's deputy governor, a presidential decree published on the official gazette showed.

Murat Cetinkaya was removed from the governor role and was replaced by Murat Uysal, who was serving as his deputy, the order showed.

Turkish president Erdogan and Finance minister Albayrak had demanded bank governor's resgination in past week, sources say.

Related Content

Breaking news
August 22, 2019
Iran displays domestically built mobile missile defense system


Cookie Settings