Naci Agbal

Turkey tries to calm market turmoil after sacking of central bank chief

The lira lost as much as 17 per cent against the dollar on the first day of trading after Erdogan replaced market-friendly economist Naci Agbal with former ruling party member Sahap Kavcioglu.

published on : 22nd March 2021

Turkey's president Erdogan fires central bank governor Naci Agbal by decree

Naci Agbal was brought in to lead the central bank after the Turkish lira hit record lows and inflation soared.

published on : 20th March 2021