Minister Şimşek to Discuss Market Fluctuations with International Investors

Turkey's Minister of Treasury and Finance, Mehmet Şimşek, will hold a crucial teleconference with international investors today. The meeting, set to begin at 4:00 PM Turkey time, is expected to include Fatih Karahan, the Governor of the Central Bank of the Republic of Turkey (TCMB). This discussion aims to restore investor confidence amid recent market fluctuations and increasing uncertainties.

The meeting follows the negative impacts on markets after the arrest of Istanbul's Mayor Ekrem İmamoğlu on corruption and terrorism charges. In light of these developments and increased volatility in the stock and currency markets, the economic administration is taking various steps to boost investor trust and stabilize the markets. Experts anticipate that the meeting will provide positive effects on investor confidence, particularly regarding messages on exchange rates and interest rate policies.