Turkey ETF Slumps as State of Emergency Announced
July 21, 2016 at 16:35 PM EDT
Turkish stocks and country-specific exchange traded fund continued its downward spiral Thursday after President Recep Tayyip Erdogan’s announced a state of emergency and concerns over capital flight in the face of further credit downgrades. The iShares MSCI Turkey ETF (NYSEArca: TUR) fell...