Turkey ETF Falls to One-Year Low on Inflation Worries
July 26, 2011 at 07:42 AM EDT
An exchange traded fund that invests in Turkish stocks has fallen to a new 52-week low as investors fret over rising inflation and the current account deficit. The $529 million iShares MSCI Turkey Investable Market Index Fund (NYSEArca: TUR) is down 20% the past three months. Turkish stocks are on...
