Turkey removes Central Bank governor, appoints deputy

Dünya Executive - - OVERVIEW -

Turkey removed Murat Cetinkaya as Central Bank governor on July 6 and replaced him with the bank’s deputy governor, Murat Uysal, according to a presidenti­al decree published in the Official Gazette. According to a Central Bank statement, Uysal said in his first remarks as governor that he will continue to “independen­tly apply monetary policy tools to maintain price stability.” He also said that communicat­ion channels will be used in line with the Bank’s targets. The statement added that Uysal will hold a press conference in the coming days.

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