Turkey ETF Plunges After Central Bank Stands Pat on Rates
July 24, 2018 at 16:04 PM EDT
The Turkey country-specific ETF plunged Tuesday on growing concerns over President Recep Tayyip Erdogan’s hand over monetary policy during a delicate time in the economy’s recovery. The iShares MSCI Turkey ETF (NASDAQ: TUR) declined 6.0% Tuesday. Further weighing on the Turkish markets, the...
