Turkish Central Bank under fire as political turmoil shakes confidence - Nordic Monitor

Turkish Central Bank under fire as political turmoil shakes confidence - Nordic Monitor

Levent Kenez/Stockholm At a tense session of Turkey’s parliamentary Budget and Planning Committee on May 6, opposition lawmakers accused the central bank of mismanaging the country’s economy and prioritizing political interests over financial stability. The session, attended by Turkish Central Bank Governor Fatih Karahan, came amid growing alarm over collapsing reserves and investor flight following the March arrest of Istanbul mayor and opposit…