Turkey ETF (TUR) In Focus Amid Protests

By: ETFdb
Turkey has long been heralded for its unique East-meets-West culture, as well as its attractive growth potential and geostrategic importance. In recent days, however, massive strings of protests and civil unrest have put investors on edge about the emerging economy. In a statement on Tuesday, Turkish officials emphasized the negative impacts to the country’s reputation and financial stability that they say these protests have caused [see Single Country ETFs: Everything Investors Need To Know]. Investors have been quick to respond to these events; Turkish equities have tumbled and the country’s domestic currency, the lira, has come under tremendous pressure, forcing Turkey’s central bank to implement short-term monetary policies to stabilize the lira. And while the scope and severity of these protests are still unknown, investors may want to take advantage of the recent pullback – if they are willing to stomach the risk. Is It Time To Buy The Turkey ETF? [...] Click here to read the original article on ETFdb.com. Related Posts: Visual Risk Analysis Of Emerging Europe ETFs Ultimate Guide To Emerging Europe ETFs ETF Insider: Stocks Continue Bull Run ETF Insider: Keep An Eye On Bargain Buyers Daily ETF Roundup: Bulls Return On Encouraging Labor Data
Turkey has long been heralded for its unique East-meets-West culture, as well as its attractive growth potential and geostrategic importance. In recent days, however, massive strings of protests and civil unrest have put investors on edge about the emerging economy. In a statement on Tuesday, Turkish officials emphasized the negative impacts to the country’s reputation and financial stability that they say these protests have caused [see Single Country ETFs: Everything Investors Need To Know].  Investors have been quick to respond to these events; Turkish equities have tumbled and the country’s domestic currency, the lira, has come under tremendous pressure, forcing Turkey’s central bank to implement short-term monetary policies to stabilize the lira. And while the scope and severity of these protests are still unknown, investors may want to take advantage of the recent pullback – if they are willing to stomach the risk. Is It Time To Buy The Turkey ETF? [...]

Click here to read the original article on ETFdb.com.

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