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INR
Market Vectors Indian Rupee/USD ETN

5/26/2012, 11:31 AM ET
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INR Market Currents more »
  • 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.
    3 Comments
    [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 Description
The Market Vectors-Indian Rupee/USD ETN seeks to track the performance of the S&P Indian Rupee Total Return Index (SPCBINR).
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Country: India
Key Info