The new Turkish Central Bank governor continues the strict monetary policy approach. Fatih Karahan said: “We will monitor inflation expectations and pricing behaviours.
We are prepared to take action in the event of any deterioration in inflation expectations,” Reuters quoted him as saying. The statements mean the continuation of the approach of its former president, who resigned last Friday, Hafiza Arkan, after 8 months in the position. Economic researcher, Muhammad Abu Alyan, did not consider the resignation of the former governor after a media campaign directed against her family a surprise, and he expected that its impact on the lira and monetary policy would be limited.