Turkey ETF Recovers as Selling Starts Up Again
May 25, 2018 at 11:52 AM EDT
Wednesday’s relief rally in the iShares MSCI Turkey ETF (NASDAQ: TUR) was short-lived as the lone exchange traded fund tracking Turkish equities plunged Thursday even after the central bank there dramatically hiked interest rates. The rate hike did not stem the lira’s slump, prompting...
