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Turkish Prime Minister Ahmet Davutoglu has chosen deputy central bank Governor Murat Cetinkaya to be the governor, two senior officials told Reuters Monday, reassuring investors who had feared a power struggle over the nomination. Current Gov. Erdem Basci's term expires on April 19 and there had been market concern that President Recep Tayyip Erdogan, a vocal advocate of low interest rates despite Turkey's high inflation, might seek to impose a candidate of his choice.A government official and an economy official both said Davutoglu's decision had been discussed with Erdogan and that Cetinkaya's name would be circulated for approval at a Cabinet meeting later Monday. Cetinkaya, born in 1976, has been a deputy governor since June 2012 .
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