Turkey ETF Just Can’t Catch a Break
January 03, 2017 at 16:35 PM EST
Turkish stocks and country-specific exchange traded fund plunged Tuesday as political risk, security concerns and worsening inflationary pressures pulled the lira currency to a record low against the U.S. dollar. The iShares MSCI Turkey ETF (NYSEArca: TUR), which does not hedge currency risks, fell...