New Central Bank Chief Could Redirect Indian Economy, ETFs
September 05, 2013 at 15:40 PM EDT
Rising inflationary pressures and a weakening currency have crushed India exchange traded funds this year, but investors are coming back, betting on India’s new central bank leadership. The iPath MSCI India ETN (NYSEArca: INP) rose 2.3% Thursday, the PowerShares India Portfolio (NYSEArca:...