The new Turkish Central Bank Governor adopts strict monetary policy to "reduce inflation" ...Iraq

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The new Turkish Central Bank Governor adopts strict monetary policy to reduce inflation
Shafaq News/ The newly appointed governor of the Central Bank of the Republic of Türkiye (CBRT), Fatih Karahan, stressed on Sunday the commitment to bring down inflation and keep the required monetary restraint to reach the desired drop in consumer price levels. Karahan said in a statement published by the CBRT, "We are determined to maintain the necessary monetary tightness until inflation falls to levels consistent with our target." On Saturday, Türkiye President Recep Tayyip Erdoğan named Fatih Karahan as the new CBRT chief, following the resignation of Hafize Gaye Erkan over accusations of abuse of authority and family meddling in the affairs of the financial institutions. Hafize G

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