The Turkish stock market investment fund listed in the USA experienced its highest inflow in four years

Turkish Stock Market

Foreign investors accelerated their inflows into the Turkish stock market investment fund (ETF) listed in the USA, as they monitored the movements in the Turkish stock market amidst a continued decline in the value of the Turkish lira and the beginning of a transition towards more orthodox policies in the country. Last week, the iShares MSCI Turkey ETF, traded in New York, attracted $25 million in inflows following a lower-than-expected interest rate hike, which led to a depreciation of the Turkish lira.

Leave a Reply

Your email address will not be published. Required fields are marked *