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Monday, May 23, 2016

Investors eye new economy administration, rate decision in Turkey - BUSINESS

Investors eye new economy administration, rate decision in Turkey

ANKARA/ISTANBUL

Investors are playing a waiting game to see whether Deputy Prime Minister Mehmet Şimşek, who is seen as an anchor of investor confidence, will be retained in a new Turkish cabinet and what decision the Central Bank might take on interest rates in its upcoming meeting.

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