Investors are back, FX reserves recovering, says Şimşek
Orientul Mijlociu
DOHA Over the past two weeks, there has been a recovery in FX reserves and investors “are actually back,” Finance Minister Mehmet Şimşek has said. Interest rates are coming down, CDS — the risk premium — has fallen significantly by close to 90 basis points, he said during a panel about the geoeconomics of growth at the Qatar Economic Forum on May 20. “If you look at the past few weeks, there has been a recovery in investor sentiment and that’s reflected in the financial market conditions,”
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