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Turkey ETF Retreats on Resignation of Key Central Bank Official

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Amid the broader sell-off in the emerging markets on Thursday, Turkey's lira currency and country-specific exchange traded fund plunged following a report of the potential resignation of a deputy governor at the central bank. The iShares MSCI Turkey ETF (NasdaqGM: TUR) was down 3.8% Thursday. TUR plummeted 50.8% year-to-date. Meanwhile, the lira currency depreciated 2.7% [...] 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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