Turkey ETF Maintains Momentum After Central Bank Cut Rates
August 22, 2022 at 16:54 PM EDT
A Turkey country-specific exchange traded fund continued to gain Monday after the Central Bank of the Republic of Türkiye enacted a surprise rate cut to bolster the economy, despite inflation surging to 80%. The iShares MSCI Turkey ETF (NasdaqGM: TUR) increased 1.5% on Monday and increased 15.6% over the past month. Last week, Turkey’s central [...] The post Turkey ETF Maintains Momentum After Central Bank Cut Rates appeared first on ETF Trends .
