Turkey’s Lira Plunges 17% following President Recep Tayyip Erdogan’s shock decision to replace the country’s central-bank chief

"“The hit to the central bank’s credibility and independence can’t be overstated. Erdogan has battered the institution with interventions that have repeatedly backfired. Financial markets were willing to give Agbal a chance, his successor will find it hard to build that trust again.” -- via Pocket https://ift.tt/2Pj1fhi