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Jordan Government Appoints Sharkas as New Central Bank Governor

A general view of the Central Bank of Jordan in downtown Amman, October 12, 2011. REUTERS/Muhammad Hamed
A general view of the Central Bank of Jordan in downtown Amman, October 12, 2011. REUTERS/Muhammad Hamed
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Jordan Government Appoints Sharkas as New Central Bank Governor

A general view of the Central Bank of Jordan in downtown Amman, October 12, 2011. REUTERS/Muhammad Hamed
A general view of the Central Bank of Jordan in downtown Amman, October 12, 2011. REUTERS/Muhammad Hamed

The Jordanian Cabinet on Wednesday appointed Adel Sharkas, a longtime Central Bank of Jordan (CBJ) official, as the new governor succeeding Zyad Fareez, Petra News Agency reported.

Prime Minister Bisher Khasawneh thanked the outgoing CBJ governor for his service and role in "cementing the Kingdom's monetary stability and reforms at critical economic circumstances.”

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Türkiye Sees ‘Genuine’ Disinflation Prospects, Says Central Bank Deputy Governor 

People walk as simit, a traditional Turkish bagel, are displayed at a stall for sale at Eminonu district in Istanbul, Türkiye, April 23, 2025. (Reuters)
People walk as simit, a traditional Turkish bagel, are displayed at a stall for sale at Eminonu district in Istanbul, Türkiye, April 23, 2025. (Reuters)
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Türkiye Sees ‘Genuine’ Disinflation Prospects, Says Central Bank Deputy Governor 

People walk as simit, a traditional Turkish bagel, are displayed at a stall for sale at Eminonu district in Istanbul, Türkiye, April 23, 2025. (Reuters)
People walk as simit, a traditional Turkish bagel, are displayed at a stall for sale at Eminonu district in Istanbul, Türkiye, April 23, 2025. (Reuters)

Türkiye is facing genuine disinflation prospects, its deputy central bank governor said on Wednesday, adding that it was replenishing reserves following the hit to them in the wake of recent political turmoil.

"For the first time, I believe we are facing genuine disinflation prospects in the true sense of the world," Central Bank Deputy Governor Osman Cevdet Akcay said during a panel discussion at the European Bank for Reconstruction and Development annual meeting in London.

"So, we might see a break in inflation numbers suddenly to be sustained."

He added the central bank was rebuilding the country's reserves "slowly but surely."