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home / news releases / TUR - TUR: Buying When Fear Is High


TUR - TUR: Buying When Fear Is High

It goes without saying that Turkey has had a tumultuous recent history. Events began following the July 2016 failed coup attempt that helped spur a fall in capital flows and put the economy into a state of serious stagflation. Inflation rose from 6% in 2016 to a peak of 25% in October of last year. The Lira collapsed and, for a moment, lost nearly half of its value. To make matters worse, the country temporarily had extremely high tariffs on its steel and aluminum exports that have since been reduced.

That said, the fundamental outlook

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Stock Information

Company Name: iShares MSCI Turkey ETF
Stock Symbol: TUR
Market: NASDAQ

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