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Turkey’s central bank chief steps down

FT News Briefing

Turkish Central Bank Resignation and Deputy Governor Appointment; US Strikes on Militant Groups; Challenges for European Banks

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This chapter explores the resignation of Turkey's central bank chief and the appointment of a new deputy governor, discussing the political implications and potential impact on monetary policy. It also examines the United States' strikes against militant groups aligned with Iran and the concerns surrounding potential escalation, as well as the challenges faced by European banks and their impact on profits.

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