What’s behind Erdogan's change at the helm of Turkey’s Central Bank?

As everyone now knows, Turkish President Recep Tayyip Erdogan on Saturday unexpectedly sacked the country’s Central Bank governor that was appointed only four and half months ago, and replaced him with Professor Sahap Kavcıoglu. And as expected, markets were rattled in the aftermath of that decision: the stock market went down, with exchange rates and gold prices quickly soaring.Following this move, foreign financial institutions immediately sprung into action and intervened in the markets, show