Turkey ETF Jumps as Ankara Looks to Supportive Policies
July 05, 2018 at 14:01 PM EDT
A Turkey country-specific ETF climbed Monday as the country’s new administration aims to lower interest rates and lower inflation to help support the economy. The iShares MSCI Turkey ETF (NASDAQ: TUR) gained 4.9% Monday. Nevertheless, TUR is still down 30.1% year-to-date. Prime Minister...