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Headline: Turkey’s Erdogan Sacks Central Bank Governor After Rate Hike

Oluwaseye Ogunsanya March 20, 2021 22


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Turkey’s president Recep Tayyip Erdogan fires Naci Agbal after just four months on the job following surprise increase in interest rates to 19 percent.

Agbal has been replaced with economist and politician Sahap Kavcioglu, according to a presidential decree.

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