The Indian rupee had its worst one-day performance against the dollar in nearly two decades Wednesday and is one of the worst-performing emerging markets currencies in the world this year. Citi recommended the Reserve Bank of India “keep liquidity tight and mobilize external funding sources.” The WisdomTree India Rupee Fund (NYSEArca: ICN) is down nearly 11% in the past month and 15.6% year-to-date.
WisdomTree Emerging Markets Currency Fund
ETF Trends editorial team contributed to this post.