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TUR

Turkey ETF Climbs as Central Bank Moves to Strengthen Lira

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Turkish markets and country-specific ETF popped Monday after Turkey's central bank took steps to support price and financial stability in wake of the lira currency's recent weakness against the U.S. dollar. The iShares MSCI Turkey ETF (NYSEArca: TUR) gained 4.5% Monday and was testing its short-term, 50-day simple moving average. The Turkish central bank said [...] Read more on ETFtrends.com.

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This article was provided by our partner Tom Lydon of etftrends.com.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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