Comment: Serdengecti ousted

The governor of the Central Bank of Turkey, Sureyya Serdengecti's, five year term expired on Tuesday, 14 March and he will not be reappointed. The government is yet to name a replacement, but vice governor, Erdem Basci, appears the most likely candidate.

COMMENT BY CENTRALBANKNEWS

Serdengecti, who initiated a series monetary reforms that have seen Turkey shrug off its volatile past, appears to have paid a price for his good work.

Under Serdengecti's watch, Turkey's central bank has gradually moved

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