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​​Turkey: Persistent Challenges in Monetary Governance Increas | Business Finance News USA Edition

​​Turkey: Persistent Challenges in Monetary Governance Increase Risk to Macroeconomic Stability

The dismissal of central bank governor Naci Ağbal worsens the crisis of confidence in Turkey’s monetary policy, further undermining macroeconomic stability. This is credit negative for Turkey’s B/Negative sovereign ratings.