Turkey ETF Climbs as Central Bank Holds Off Rate Cuts
January 16, 2019 at 14:09 PM EST
The largest Turkey ETF led the charge Wednesday after Turkey’s central bank left its benchmark interest rates unchanged, easing concerns that it would loosen its monetary policy in face of declining inflationary pressures and a stronger lira currency. The iShares MSCI Turkey ETF (NasdaqGM:...