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TUR

Turkey ETF Plummets on Mounting Lira Concerns

The Turkey country-specific exchange traded fund was among the worst performers Monday, with Turkey's lira currency touching new record lows, as a diplomatic row between Turkey and U.S. added to the volatility. The iShares MSCI Turkey ETF (NasdaqGM: TUR) declined 6.5% Monday. Further weighing on the Turkish markets, the U.S. Dollar strengthened 3.9% against the [...] Read more on 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.

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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