Currency ETFs: Rupee Off Record Low After Rajan Named RBI Governor

WisdomTree Indian Rupee Fund (NYSEArca: ICN) was trading near its recent all-time low on Tuesday after former IMF economist Raghuram Rajan was appointed the new chief of the Reserve Bank of India. The rupee currency ETF is down over 10% the past three months, falling to a record low. The rupee’s...