KM Financial Solutions | UPDATE 2-Turkey removes clause on five-year term for central bank governor
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UPDATE 2-Turkey removes clause on five-year term for central bank governor

UPDATE 2-Turkey removes clause on five-year term for central bank governor

Turkey on Monday removed a law
that stipulates a five-year term for the head of the central
bank and scrapped a requirement that deputy governors have a
decade of experience, deepening worries about the bank’s
independence under a new presidential system.

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