{"id":6188,"date":"2021-03-22T08:05:41","date_gmt":"2021-03-22T08:05:41","guid":{"rendered":"https:\/\/xtreamforex.com\/?p=6188"},"modified":"2021-03-22T08:07:15","modified_gmt":"2021-03-22T08:07:15","slug":"surprise-replacement-of-central-bank-governor-elevated-dollar","status":"publish","type":"post","link":"https:\/\/www.xtrememarkets.com\/MU\/surprise-replacement-of-central-bank-governor-elevated-dollar\/","title":{"rendered":"Surprise Replacement of Central bank Governor Elevated Dollar"},"content":{"rendered":"<h5>Surprise Replacement of Central bank Governor Elevated Dollar<\/h5>\n<p>&nbsp;<\/p>\n<p>The Turkish Lira subside against the Dollar following President Tayyip Erdogan replaced the Central bank governor Naci Agbal over the weekend due to the high-interest rate.<\/p>\n<p>The U.S. Dollar Index Slightly Up 0.16% to 92.073 against the basket of other currencies.<\/p>\n<p>The USD\/JPY pair was slightly down 0.03% to 108.84.<\/p>\n<p>The AUD\/USD pair was down 0.30% to 0.7719 with NZD\/USD pair slightly down 0.17% to 0.7151.<\/p>\n<p>The USD\/CNY pair slightly up 0.06% to 6.5108.<\/p>\n<p>The GBP\/USD pair was slightly down 0.26% to 1.3832.<\/p>\n<p>The Shocking decision by Erdogan to dismiss the service of Agbal came two days after a surge in inflation by 16% and support the Turkish Lira. Now, Sahap Kavcioglu will command. The central bank will most probably reverse the hawkish steps which could lead to upcoming market volatility.<\/p>\n<p>The Lira was at 8.10 per dollar in early Asia Trade, declined 11% from its close on Friday. The Lira fell by 14.9% to 8.4850 at one point, Close to a record low of 8.5800.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Surprise Replacement of Central bank Governor Elevated Dollar &nbsp; The Turkish Lira subside against the Dollar following President Tayyip Erdogan replaced the Central bank governor Naci Agbal over the weekend due to the high-interest rate. The U.S. Dollar Index Slightly Up 0.16% to 92.073 against the basket of other currencies. The USD\/JPY pair was slightly<\/p>\n... <a href=\"https:\/\/www.xtrememarkets.com\/MU\/surprise-replacement-of-central-bank-governor-elevated-dollar\/\">continue reading<\/a>.","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[12],"tags":[38,24,148,30,52,72,66,97],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v16.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\r\n<title>Surprise Replacement of Central bank Governor Elevated Dollar<\/title>\r\n<meta name=\"description\" content=\"The Turkish Lira subside against the Dollar following President Tayyip Erdogan replaced the Central bank governor Naci Agbal.\" \/>\r\n<link rel=\"canonical\" href=\"https:\/\/www.xtrememarkets.com\/MU\/surprise-replacement-of-central-bank-governor-elevated-dollar\/\" \/>\r\n<meta property=\"og:locale\" content=\"en_US\" \/>\r\n<meta property=\"og:type\" 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