By: ETF Trends
August 27, 2013 at 09:58 AM EDT
India ETFs Fall 5% as Rupee Hits Fresh Record Low
ETFs tracking Indian stocks were down more than 5% on Tuesday as the rupee plunged to a new record low against the U.S. dollar. WisdomTree India Earnings Fund (NYSEArca: EPI) slipped 5.2% in early U.S. trading while iPath MSCI India ETN (NYSEArca: INP) dropped 6.4%. “The Indian rupee sank to a...
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