Turkey ETF Jumps as Ankara Looks to Supportive Policies

MarketsETF Trends

This article was originally published on ETFTrends.com.

A Turkey country-specific ETF climbed Thursday as the country’s new administration aims to lower interest rates and lower inflation to help support the economy. The iShares MSCI Turkey ETF (NASDAQ: TUR) gained 4.9% Thursday. Nevertheless, TUR is still down 30.1% year-to-date. Prime Minister Binali Yildirim, whose post will be abolished when President Recep Tayyip Erdogan [...]

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