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Slowing Indian Inflation Could Curb Rupee Flows
Emerging Money • Mon, Nov 15, 2010

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There are no Transcripts on ICN.

Outside the Box: Emerging markets are faltering

at MarketWatch.com (May 30, 2012)
Weekend Investor: Cash in on currency shocks with these funds, ETFs

at MarketWatch.com (Jun 18, 2010)

ICN vs. ETF Alternatives

ICN Description

WisdomTree Indian Rupee Fund seeks to achieve total returns reflective of both money market rates in India available to foreign investors and changes in value of the Indian Rupee relative to the U.S. dollar.
See more details on sponsor's website

Country: India

Key Info

In Your Portfolio: A Guide to Currency ETFs and ETNs
Asset Class Performance: Currencies

All
| Earnings
| Dividends
| M&A
| On the move

Monday, June 17, 1:38 AM The Reserve Bank of India has kept its benchmark interest rate at 7.25%, a decision that comes against a background of falling inflation and stuttering growth, which had prompted speculation that the RBI may cut rates. (PR) Comment! [Breaking News, Global & FX, Top Stories]
Tuesday, June 11, 4:54 AM The Indian rupee (INR) hit a fresh record low of 59 to the dollar earlier today and is down by over 7% since the start of May. The currency has been hit by India's ballooning current-account deficit, the country's economic slowdown, and speculation about the tapering of the Fed's QE program. The rupee's weakness limits the central bank's options to cut interest rates when it meets next week. 1 Comment [Global & FX, On the Move]
Friday, May 31, 2:55 AM India's GDP growth slowed to its weakest in a decade in FY 2012 (ending in March 2013), coming in at 5%, while the expansion in FQ4 was even lower at 4.8%. Still that did meet consensus and was above the 4.7% in FQ3. The services sector grew strongly in FQ4, while manufacturing and farming also expanded, although mining declined an annual 3.1%. The BSE Sensex is -1%, while the rupee (ICN) is -0.2% vs the dollar. 1 Comment
Tuesday, April 30, 3:28 AM Investor sentiment towards India is improving, Citi says after meeting with over 40 institutional investors. Key drivers cited were a comfortable current-account deficit, declining inflation, and fiscal health. India is among the few large markets that would welcome equity market inflows; if the currency holds and the macro stabilizes, inflows could accelerate. (ETFs: INDY, EPI, PIN, INP, INDA, INXX, SCIF, SCIN, INDL, SMIN, ICN, INR) Comment! [Quick Ideas, Global & FX]
Tuesday, March 19, 3:04 AM As expected, the Reserve Bank of India has cut its benchmark interest rate to 7.5% from 7.75%, the second reduction this year, as it looks to boost faltering economic growth. The move comes despite consumer inflation of 10.9%. "Even as the policy stance emphasizes addressing the growth risks, the headroom for further monetary easing remains quite limited," the RBI said. (PR) Comment! [Global & FX, Top Stories]
Tuesday, January 1, 1:00 PM Currency ETFs were largely flat in 2012, with the krona (FXS) and rupee (ICN) leading gainers, and the rand (SZR) and yen (FXY) the biggest losers. Comment! [Global & FX, Quick Ideas]
Tuesday, December 18, 2012, 4:58 AM The Reserve Bank of India withstands political pressure to ease monetary policy and again leaves its lending rate unchanged at 8% and commercial banks' cash reserve ratio at 4.25%. Growth is slowing but high inflation is causing the RBI to maintain tight policies. "Rate cuts are contingent on inflation coming down, tangible progress on fiscal consolidation and continued structural reforms," says HSBC's Leif Eskesen. Comment! [Global & FX]
Thursday, July 5, 2012, 4:05 AM The Reserve Bank of India has spent billions of dollars trying to support the rupee, but it's still Asia's weakest-performing currency against the dollar over the past year (-19%). The rupee's decline is partly because of capital flight from emerging markets, but has been exacerbated by concerns over India's deteriorating financial health. 1 Comment [Global & FX]
Monday, June 25, 2012, 1:28 PM Trying to arrest a steep slide in the currency, India increases from $5B to $20B the amount of rupee-denominated debt overseas investors may own. This comes on top of the RBI's estimated $250M-300M dollar for rupee sale on Friday. The currency jumped higher in earlier action, but has since pared most of those gains. 1 Comment [Global & FX]
Thursday, June 21, 2012, 4:01 AM The rupee falls to a record low of 56.53 to the dollar. Traders are on watch for any potential intervention from the Reserve Bank of India to defend the currency. Comment! [Breaking News, Global & FX]
Monday, June 18, 2012, 5:11 PM The RBI may have unexpectedly refrained from cutting rates today, but what amounts to unannounced QE may explain persistent weakness in the rupee and strength in inflation despite a nominally hawkish policy. Credit Suisse notes the RBI has purchased government debt this year at nearly the same pace as the Fed in the U.S. in 2011. Comment! [Global & FX]
Thursday, May 31, 2012, 1:41 AM India's Jan.-March GDP comes in much worse than expected, +5.3% Y/Y vs. expectations of +6.1% and 6.1% growth last quarter. Rupee weakens to 56.46 against the dollar; Indian stocks fall further, now -1.3%. (official release) (previously) Comment! [Breaking News, Global & FX, Top Stories]
Thursday, May 31, 2012, 1:08 AM India's rupee falls to a record low of 56.410 against the dollar ahead of a government report expected to show GDP expanded 6.1% last quarter, matching the previous quarter's growth but still the slowest pace since 2009. The RBI is seeking a return to "trend growth" of 7-7.5%, but in the meantime the rupee may be vulnerable to dropping faster than other emerging-market currencies. Comment! [Global & FX]
Wednesday, May 23, 2012, 7:47 AM The rupee hits an all-time low for the 6th consecutive day, now requiring 56.18 of them to purchase one dollar. Traders believe the RBI intervened, temporarily sending the rupee as high as 55.52, but the currency soon weakened anew. Given global risk aversion at the moment, the RBI doesn't have a shot. Comment! [Global & FX]
Monday, May 21, 2012, 7:36 AM India's rupee falls more than 1% to an all-time low, now requiring 55 of them to buy one greenback. The central bank is in a tough spot as inflation remains high while the economy slows. The slide in the rupee - at least some of which has to do with the "risk off" tone of markets - won't help the inflation picture. 3 Comments [Global & FX]
Tuesday, May 15, 2012, 1:10 PM Stagflation rears its head in India, where inflation is refusing to respond to a slowing economy. One reason is the rupee, which has sunk to a multi-year low against the greenback. Don't expect the RBI to stop cutting rates, writes Sober Look, as the bank will likely point to the far tamer core rate of inflation. Comment! [Global & FX]

x oil -field
$ICN Rupee Set for Sixth Weekly Loss on Fed Exit Concern; Bonds Fall. Bloomberg http://bloom.bg/1a9UgZw http://bit.ly/13Iwvmm @SA
Fri, 1:35 AM
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x oil -field: $ICN Lower gold import to trim current account deficit in FY14: RBI http://bit.ly/12S9WR5 NDTV
Tue, 4:09 AM
• !Report Abuse
x oil -field: $GOLD Extends Drop Before Fed Meeting as Investors Gauge Stimulus. http://bloom.bg/18UDgZ8 MarketWatch http://bit.ly/13WSfLn
Tue, 4:11 AM
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x oil -field
$INR Rupee Drops as World Bank Forecast Undermines Local Intervention. $ICN Bloomberg http://bloom.bg/14y2V5z http://bit.ly/12oq1wl
Thu, 1:33 AM
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x oil -field: $GOLD Imports by India Tumbling Curbs Boost Titan's Costs. $GLD Bloomberg http://bloom.bg/14y34Gc http://bit.ly/1135bgS http://bit.ly/VPNEpV
Thu, 1:39 AM
• !Report Abuse
x oil -field: $GOLD silver trade flat; $SLV physical demand still muted. Reuters NDTV Update June 14, 2013 14:14 (IST) http://bit.ly/14Atxmy
Fri, 6:14 AM
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x oil -field
Gold ends down as rate worries spur global selloff. $ICN MarketWatch http://bit.ly/18tCr9p http://bit.ly/Whn92u zombies in the street. @MI
Jun 11, 3:01 PM
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x oil -field: Hiring outlook positive in U.S., weakens in India: $INR survey. NDTV http://bit.ly/14URIsw
Jun 11, 9:45 PM
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140 characters

x oil -field
BBC: $ICN The challenges facing India's economy. $GLD http://bbc.in/ZAcSv6
Feb 27, 7:19 AM
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x oil -field: $ICN India's Nifty Stock Futures Drop as Foreign Funds Extend Sales. http://bloom.bg/Y1yL53 $SLV Bloomberg
Apr 5, 1:25 AM
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x oil -field: .. are you holding *a ''the bag'' of papier-mâché? $GLD http://bit.ly/ZhW0bO http://bit.ly/YEYoqX http://bit.ly/VsJeJQ good luck trading.
Apr 5, 1:26 AM
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x oil -field
India's index industrial production (IIP) contracted unexpectedly -0.6% in December from the previous year. $ICN http://bit.ly/X4DSkb $GLD
Feb 12, 10:35 AM
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x oil -field: $INR India economy recovery hopes dashed as output unexpectedly shrinks. $GLD http://reut.rs/YnHCNC Reuters
Feb 25, 9:26 PM
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x oil -field: $GLD Mankind [and your bank account] can not prosper by fear alone. $TVIX http://bloom.bg/Z6RfX2
Feb 25, 9:27 PM
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140 characters

x oil -field
$GOLD Under Pressure From New Indian Government Push. by: Macro Investor $DUST $GDX $GLD $NUGT http://seekingalpha.com/a/p3kx $ICN
Feb 11, 6:13 AM
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x oil -field
$SLV Is the consumption story faltering? By Nikhil Inamdar. February 07, 2013 21:00 (IST) Duration:48 min.http://bit.ly/14XsSvi $ICN NDTV
Feb 8, 5:57 AM
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x oil -field: Theres a chap that comes into the interview @10-15 min.mark,& makes the statement he ''has not'' listen to the first half of the interview..
Feb 8, 6:13 AM
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x oil -field: ..and each every time hes asked a question seems very quick to disagree in a somewhat agitated matter.
Feb 8, 6:14 AM
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x oil -field
8% Growth several years away,will take tough decisions: IMF Press Trust of India. http://bit.ly/1203h0s [Can Papier-mâché $GLD Help?] $ICN
Feb 7, 4:49 AM
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x oil -field
Rupee retreats from over 15-week high Reuters | NDTV Updated Feb.06, 2013 17:41 (IST) $ICN http://bit.ly/12sHOC0
Feb 6, 7:42 AM
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x oil -field: UCO Bank net profit dips -69% to Rs.102 crore in third quarter. $INR Should they buy more $GLD papier-mâché. http://bit.ly/TE0Cu6
Feb 6, 8:07 AM
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x oil -field: NEW DELHI--India's government said its revenue from selling stakes in state-run companies will fall short. http://bit.ly/WArWJL
Feb 6, 8:13 AM
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140 characters

Djvu
India NIFTY closes 5th straight down week.What happens next? http://bit.ly/GMyrUo INDY ICN INP INR PIN INDL INDA SMIN EPI INXX INCO SCIN
3/24/12
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LATEST REPLIES

x oil -field
$ICN Rupee Set for Sixth Weekly Loss on Fed Exit Concern; Bonds Fall. Bloomberg http://bloom.bg/1a9UgZw http://bit.ly/13Iwvmm @SA
Fri, 1:35 AM
Reply (3)

• !Report Abuse
View all 3 replies
x oil -field: $ICN Lower gold import to trim current account deficit in FY14: RBI http://bit.ly/12S9WR5 NDTV
Tue, 4:09 AM
• !Report Abuse
x oil -field: $GOLD Extends Drop Before Fed Meeting as Investors Gauge Stimulus. http://bloom.bg/18UDgZ8 MarketWatch http://bit.ly/13WSfLn
Tue, 4:11 AM
• !Report Abuse
Add a reply...

140 characters

x oil -field
$INR Rupee Drops as World Bank Forecast Undermines Local Intervention. $ICN Bloomberg http://bloom.bg/14y2V5z http://bit.ly/12oq1wl
Thu, 1:33 AM
Reply (2)

• !Report Abuse
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x oil -field: $GOLD Imports by India Tumbling Curbs Boost Titan's Costs. $GLD Bloomberg http://bloom.bg/14y34Gc http://bit.ly/1135bgS http://bit.ly/VPNEpV
Thu, 1:39 AM
• !Report Abuse
x oil -field: $GOLD silver trade flat; $SLV physical demand still muted. Reuters NDTV Update June 14, 2013 14:14 (IST) http://bit.ly/14Atxmy
Fri, 6:14 AM
• !Report Abuse
Add a reply...

140 characters

x oil -field
Gold ends down as rate worries spur global selloff. $ICN MarketWatch http://bit.ly/18tCr9p http://bit.ly/Whn92u zombies in the street. @MI
Jun 11, 3:01 PM
Reply (1)

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x oil -field: Hiring outlook positive in U.S., weakens in India: $INR survey. NDTV http://bit.ly/14URIsw
Jun 11, 9:45 PM
• !Report Abuse
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140 characters

x oil -field
BBC: $ICN The challenges facing India's economy. $GLD http://bbc.in/ZAcSv6
Feb 27, 7:19 AM
Reply (17)

• !Report Abuse
View all 17 replies
x oil -field: $ICN India's Nifty Stock Futures Drop as Foreign Funds Extend Sales. http://bloom.bg/Y1yL53 $SLV Bloomberg
Apr 5, 1:25 AM
• !Report Abuse
x oil -field: .. are you holding *a ''the bag'' of papier-mâché? $GLD http://bit.ly/ZhW0bO http://bit.ly/YEYoqX http://bit.ly/VsJeJQ good luck trading.
Apr 5, 1:26 AM
• !Report Abuse
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140 characters

x oil -field
India's index industrial production (IIP) contracted unexpectedly -0.6% in December from the previous year. $ICN http://bit.ly/X4DSkb $GLD
Feb 12, 10:35 AM
Reply (3)

• !Report Abuse
View all 3 replies
x oil -field: $INR India economy recovery hopes dashed as output unexpectedly shrinks. $GLD http://reut.rs/YnHCNC Reuters
Feb 25, 9:26 PM
• !Report Abuse
x oil -field: $GLD Mankind [and your bank account] can not prosper by fear alone. $TVIX http://bloom.bg/Z6RfX2
Feb 25, 9:27 PM
• !Report Abuse
Add a reply...

140 characters

x oil -field
$SLV Is the consumption story faltering? By Nikhil Inamdar. February 07, 2013 21:00 (IST) Duration:48 min.http://bit.ly/14XsSvi $ICN NDTV
Feb 8, 5:57 AM
Reply (3)

• !Report Abuse
View all 3 replies
x oil -field: Theres a chap that comes into the interview @10-15 min.mark,& makes the statement he ''has not'' listen to the first half of the interview..
Feb 8, 6:13 AM
• !Report Abuse
x oil -field: ..and each every time hes asked a question seems very quick to disagree in a somewhat agitated matter.
Feb 8, 6:14 AM
• !Report Abuse
Add a reply...

140 characters

x oil -field
Rupee retreats from over 15-week high Reuters | NDTV Updated Feb.06, 2013 17:41 (IST) $ICN http://bit.ly/12sHOC0
Feb 6, 7:42 AM
Reply (3)

• !Report Abuse
View all 3 replies
x oil -field: UCO Bank net profit dips -69% to Rs.102 crore in third quarter. $INR Should they buy more $GLD papier-mâché. http://bit.ly/TE0Cu6
Feb 6, 8:07 AM
• !Report Abuse
x oil -field: NEW DELHI--India's government said its revenue from selling stakes in state-run companies will fall short. http://bit.ly/WArWJL
Feb 6, 8:13 AM
• !Report Abuse
Add a reply...

140 characters

ICN WisdomTree Indian Rupee ETF

ICN

WisdomTree Indian Rupee ETF