Youth shot to the Central Bank of Turkey
The period of office of the Chairperson of the Turkey’s Central Bank (CBRT)Erdem Başçı who is known to have disagreements with the Government about the interest rates has not been extended.
Başçı will leave the office to Murat Çetinkaya, current vice governor of CBRT. With the directive of Turkish Prime Minister Ahmet Davutoğlu, the enactment has been opened for signatures. Çetinkaya will be the 2nd youngest chairperson of the Central Bank. Başçı will be assigned as an ambassador to the OECD, according to the sources.