Turkey’s New Central Bank Head Faces Investors
Customers queue to exchange money at a foreign currency exchange bureau in Istanbul, Turkey.
Photographer: Kerem Uzel/BloombergTurkey’s new central bank governor will make her public debut this week, when she unveils her outlook for consumer inflation and monetary policy.
Thursday’s meeting will be Hafize Gaye Erkan’s first chance to persuade investors that Turkey is making an earnest attempt at reining in runaway inflation after years of expansionary policies favored by President Recep Tayyip Erdogan.