Political Crisis Batters Turkey ETF

The Turkey exchange traded fund plunged Thursday and the Turkish lira fell to a record low after a shakedown in Prime Minister Recep Tayyip Erdogan’s cabinet on graft allegations. The iShares MSCI Turkey ETF (NYSEArca: TUR) fell 6.9% Thursday. TUR is down 24.0% year-to-date. Prime Minister...
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