"Turkish Central Bank Governor Resigns Amid Allegations, Successor Appointed"

Hafize Gaye Erkan, the first female governor of Turkey's central bank, has resigned amid allegations of improper use of power and family interference in the bank's operations. President Erdogan had previously supported her, but she faced claims of her parents exerting undue influence and her father firing a bank employee, which she vehemently refuted. Under her tenure, loan rates increased from 8.5% to the current 45%. Her resignation comes after a turbulent period marked by economic instability and political pressure.