Plunging Lira and Inflation Fears Drag on Turkey ETF
December 17, 2021 at 16:14 PM EST
A Turkey country-specific exchange fund plunged on Friday after the Turkish stock market suffered its worst day since March, and the lira currency continued to depreciate on worsening fears that recent interest rate cuts would further exacerbate inflation problems. The iShares MSCI Turkey ETF...