International investors have welcomed respected veteran policy maker Mehmet Simsek's return to the top of Turkey's Finance Ministry, hoping his appointment will come with a licence to steer the country away from the financial precipice.
LONDON, June 5 (Reuters) - International investors have
welcomed respected veteran policy maker Mehmet Simsek's return
to the top of Turkey's Finance Ministry, hoping his appointment
will come with a licence to steer the coun. | 11:01am
Newly Re-elected President Erdogan Named His New Finance Minister, Amid Investors' Low Trust and Hope That Recent Appointments in Turkey Will Lead the Economy to Higher Rates as the Country Grapple High Inflation
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The top policymaker picks of Turkey's re-elected president Tayyip Erdogan are taking centre stage as markets try to gauge whether he will change course towards economic orthodoxy or double down on policies widely viewed as unsustainable. Erdogan is widely expected to use his victory in Sunday's election to embark on…