[HIGHLIGHTS] Does the resignation of the Governor of the Central Bank of Turkey affect the shift in economic and monetary policies?

Hafiza Ghaya Arkan resigned from her position as Governor of the Turkish Central Bank on Friday. Arkan said her decision came with the aim of sparing her family and her child, who is under one and a half years old, from being further affected by a campaign launched against her.

The Turkish President’s appointment of her deputy, Fatih Karahan, came as a quick response to calm the financial markets. The new central bank governor will hold his first meeting on February 8.