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Turkey Central Bank Chief Pledges Permanent Price Stability

  • Kavcioglu says meetings to be held on schedule as planned
  • Kavcioglu’s first statement since appointment on Saturday
Updated on

Turkey’s newly appointed central bank Governor Sahap Kavcioglu pledged to use monetary policy tools effectively to deliver permanent price stability.

In a written statement on Sunday, his first since being appointed on Saturday, Kavcioglu said the bank’s interest-rate-setting meetings will take place according to the previously announced schedule.