India’s ETFs Suffer From Slowing Currency, Economy
September 15, 2008 at 16:00 PM EDT
India’s currency, the rupee, has fallen to two-year lows, taking related exchange traded funds (ETFs) along with it. The rupee was knocked down by losses in stocks after worries about problems in the global financial sector as well as heavy demand for the U.S. dollar, Reuters reports. Meanwhile, Indian shares fell more than 3% today, to [...]