Central bank

Central Bank

Inflation Crisis: Turkey's Central Bank Head Priced Out Of Istanbul's Property Market

Stepping off Wall Street and into the heart of Turkey's financial tumult, Hafize Gaye Erkan, the newly appointed head of Turkey's central bank, has found herself facing a major challenge. The inflation crisis in Turkey has not only affected the economy but has also impacted the property market in Istanbul, making it increasingly difficult for even high-ranking officials to afford housing in the city.

As the head of the central bank, Erkan plays a crucial role in stabilizing the economy and controlling inflation. However, the current situation in Turkey has put her in a tough spot, as she struggles to navigate the challenges of the property market while also fulfilling her duties as a key figure in the country's financial sector. The pressure is on for Erkan to find solutions to not only the economic crisis but also her own housing predicament.