Turkey's Central Bank (TCMB) logo is pictured at the entrance of the bank's headquarters in Ankara, April 19, 2015. REUTERS/Umit Bektas
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Erkan Kilimci, the Turkish central bank's deputy governor and rate setter, is leaving the bank, three sources familiar with the matter told Reuters Thursday, two weeks before the bank's monetary policy committee meets to address a slump in the lira.The central bank was not immediately available for comment Thursday, a public holiday in Turkey.The central bank has been under pressure from President Recep Tayyip Erdogan not to increase interest rates, despite high inflation and the lira having depreciated more than 40 percent against the dollar this year.Ratings agency Fitch, which downgraded 24 Turkish banks last month, said Thursday the 25 percent fall in the lira since then had heightened risks and could lead to further rating cuts.
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