The Turkish lira rebounded from a record low against the dollar as a top official refuted a media report that said President Recep Tayyip Erdogan is “cooling” on central bank Governor Sahap Kavcioglu. “That even major organizations spread such lies is deeply concerning,” Erdogan’s communications director Fahrettin Altun said in a tweet, attaching an image of a Reuters story on the central bank governor and a separate Foreign Policy article calling Turkey’s defense minister Erdogan’s heir-apparent. Altun called the stories “fake news.” Erdogan was frustrated that the central bank under Kavcioglu delayed an ... (full story)