(Harvest) With Turkey in freefall, the iShares MSCI Turkey ETF (TUR) became an important tool for accessing a crippled market.The U.S.-listed ETF experienced record trading volume in recent days as investors used the fund to express views on Istanbul-listed stocks and the Turkish lira. The iShares MSCI Turkey ETF experienced a record $277 million in trading volume on Aug. 10, as the lira plumbed an all-time low versus the U.S. dollar.1 On the following session, Aug. 13, the ETF traded $241 million, the second-biggest tally ever.
Turkey’s Tumult Puts a Spotlight on Country ETFs
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