“To soothe the nation, I believe that the prime minister should resign, too,” Bayraktar said.
The iShares TUR ETF holds Turkish lira-denominated securities and will experience currency risk. Consequently, the depreciating lira currency has contributed to the lower return in TUR when converted back into U.S. dollars.
iShares MSCI Turkey ETF
For more information on Turkey, visit our Turkey category.
Max Chen contributed to this article.