Turkey
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Simsek seeks to calm investors amid market pressures, sources say
1 min Mena Today
Turkish Finance Minister Mehmet Simsek and Central Bank Governor Fatih Karahan told international investors on Tuesday that they would do whatever was needed to tame market turmoil triggered by the arrest of President Tayyip Erdogan's main political rival.
Mehmet Simsek © Mena Today
Turkish Finance Minister Mehmet Simsek and Central Bank Governor Fatih Karahan told international investors on Tuesday that they would do whatever was needed to tame market turmoil triggered by the arrest of President Tayyip Erdogan's main political rival.
Police detained Mayor Ekrem Imamoglu, Erdogan's main political rival, last Wednesday, and a court jailed him on Sunday pending trial on corruption charges, sparking Turkey's biggest protests in more than a decade and a major market sell-off.
By Andres Seban
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