Turkish lira recovers most of its losses triggered by cabinet announcement
Erdogan's new cabinet excluded former deputy prime minister Mehmet Simsek who was considered the main market-friendly minister in the previous government.
Supporters of Turkish President Tayyip Erdogan attend his election rally in Istanbul, Turkey, June 23, 2018(photo credit: ALKIS KONSTANTINIDIS / REUTERS)ByREUTERSUpdated: