Mehmet Simsek's Appointment Brings Stability and Confidence Turkey's currency and stocks have rallied impressively following the appointment of Mehmet Simsek, a former Wall Street banker, as the country's new Treasury and Finance Minister. Although some investors expressed concerns about Simsek's ability to implement immediate changes to economic policies, many see his appointment as a clear shift towards more conventional policies. Simsek has also signalled a return to consistent and predictable policies that align with international norms. Citigroup Strategists Raise Turkey's