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...