Turkish government may shift central bank to Istanbul

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The Central Bank of the Republic of Turkey

Turkey’s government is reportedly considering moving the country’s central bank from the political capital of Ankara to its largest city, Istanbul.

The news agency Reuters reported that president Recep Tayyip Erdoğan’s government was planning to move core parts of the central bank to the “Istanbul finance centre”. The central bank already has a small branch office in the city.

The finance centre is a development being built on government orders in the city, and enjoys strong backing from the

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