Turkey ETF Just Can’t Catch a Break

Markets ETF Trends

Turkish stocks and country-specific exchange traded fund plunged Tuesday as political risk, security concerns and worsening inflationary pressures pulled the lira currency to a record low against the U.S. dollar. The iShares MSCI Turkey ETF (NYSEArca: TUR), which does not hedge currency risks, fell 3.4% Tuesday as the Turkish lira depreciated to 3.5931 against the…Click to read more at ETFtrends.com.

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