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INR Market Currents
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Wednesday 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 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. [Global & FX]
ETF Stats
- Expense Ratio: 0.55%
- Average Bid Ask Ratio: 3.58%
- Tracking Error: 1.19%
- Concentration Risk: 100.00%
- Capital Gains Dist. %: 0.00%
- Number of Securities: 1
- Dividend Amount:
- Dividend Date:
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INR in Focus
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at MarketWatch.com (Jun 18, 2010)
INR Press Releases and Filings
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Currently, there are no press releases or filings on INR.
INR Cramer
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Currently, there are no Cramer articles on INR.
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INR vs. ETF Alternatives
INR Description
The Market Vectors-Indian Rupee/USD ETN seeks to track the performance of the S&P Indian Rupee Total Return Index (SPCBINR).
See more details on sponsor's website
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