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September 01, 2020 10:27am
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Turkey ETF Retreats on Rate Hikes Expectations Due to Plunging Lira

A Turkey country-specific exchange traded fund plunged Thursday as the Turkish lira spirals to a record low on rising expectations that the Central Bank of Turkey will have to hike rates to support the currency. Among the worst-performing non-leveraged ETFs of Thursday, the iShares MSCI Turkey ETF...
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