Rupee ETFs Strengthen as Foreign Investors Return to India
March 25, 2014 at 15:10 PM EDT
Indian rupee-related exchange traded funds are appreciating, with the currency trading around an 8-month high, as overseas investors dipped back into India’s equities and fixed-income markets on bets that a new government will stimulate growth. The WisdomTree Indian Rupee Fund (NYSEArca: ICN)...