Turkey ETF Plunges on Weakening Confidence in Lira Currency
This article was originally published on ETFTrends.com.
Turkey country-specific exchange traded fund was among the worst hit on Friday’s sell-off as the broader risk-off mood coupled with the plunge in the Turkish lira currency dragged on this emerging market. The iShares MSCI Turkey ETF (NasdaqGM: TUR) was among the worst performing non-leveraged ETFs of Friday, plunging 10.5% and breaking below its long-term [...]