Former Finance Minister Naci Agbal was brought in to replace Murat Uysal, according to a presidential decree announced in the Official Gazette.
- Former Finance Minister Naci Agbal was brought in to replace Murat Uysal, according to a presidential decree announced in the Official Gazette.
- The decision came after the lira lost nearly a third of its value since the start of the year — hitting a record low of 8.58 against the U.S. dollar on Friday — and annual inflation stood at 11.89%.
Source: Turkey replaces central bank head as lira sees record lows