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This country has the following stock exchanges:

Bloomberg Exchange Code	Bloomberg Composite Code	Description	ISO MIC	Google Prefix	EOD code	# of Stocks
TI		Istanbul Stock Exchange	XIST	IST	IS	102
Total						102

On StockMarketMBA.com, we have adopted the Bloomberg two digit code system for identifying exchanges, as explained in global stock exchanges. We don't have all stocks traded on the above exchange(s) in our database, as there are microcap stocks, global depository receipts ("GDRs"), and locally traded ETFs that we don't have in our database. We strive to have all stocks in our database that are owned by a U.S. exchange traded fund.

We strive to have an index in our database for every country that is denominated in the local currency. Our key local currency index for Turkey is:

XUTUM, the BIST All Shares Index

Let's look at the history of the exchange rate between the USD and the Turkish Lira (our symbol is USDTRY).

Let's compare USDTRY to UUP, a currency ETF that tracks the US dollar against a basket of developed market currencies.

We have 1 U.S. ETFs in our database that focus on buying stocks traded in Turkey. Our benchmark ETF is TUR, the iShares MSCI Turkey ETF. Our benchmark ETF is typically the largest or oldest ETF for that country that we use for comparisons.

TUR, the iShares MSCI Turkey ETF