Reuters exclusively reported that Turkish President Tayyip Erdogan is losing confidence in central bank governor Sahap Kavcioglu, less than seven months after he sacked his predecessor, and the two have communicated little in recent weeks. Reuters sources said Erdogan was frustrated that an interest rate cut was delayed until just last month. It was unclear what Erdogan might do if anything.
Business & Finance
Reuters exclusively reports Erdogan is cooling on his latest central bank chief
08 October 2021, 2:05 pm 1 minute
Article Tags
Topics of Interest: Business & Finance
Type: Reuters Best
Sectors: Business & FinanceEquities
Regions: Middle East
Countries: Turkey
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Important Regional Story