The new EM trade: Short rupee? By: CNBC.com News May 13, 2015 at 19:03 PM EDT The rupee is no longer the darling of emerging market currencies as policy disputes, oil's rebound and actions by the central bank threaten to reverse its strong run. Read More >> Related Stocks: HSBC HOLDING PLC 8.125 ERPETUAL CAPITAL SECURITIES JPMorgan Chase & Co