Turkey ETFs Plunge after Erdogan Fires Central Bank Chief
March 22, 2021 at 15:25 PM EDT
A Turkey-specific exchange traded fund plummeted Monday as the Turkish lira suffered its biggest single-day selloff since 2018 in response to the abrupt termination of the central bank governor last week. On Monday, the iShares MSCI Turkey ETF (NasdaqGM: TUR) plunged 20.0%, breaking below its...