India’s Government Gets Vote of Confidence, ETFs Follow Suit
July 24, 2008 at 16:00 PM EDT
After India’s government gained a confidence vote in Parliament, the rupee rose by the most in more than a decade, sending stocks, bonds and exchange traded funds (ETFs) on a path to monetary enlightenment. On the vote, the currency strengthened 1.6% against the U.S. dollar, report Pooja Thakur and Anoop Agrawal for Bloomberg. The rupee has [...]