India ETFs Dive on Rate Surprise | Page 2 of 2 | ETF Trends

Rajan also announced the scaling back of some emergency monetary measures introduced a few months ago with the aim of supporting the falling rupee as investors fled from emerging markets, according to CNNMoney.

EPI was down more than 2% in early U.S. trading Friday. [WisdomTree: India’s Rock-Star Economist Assumes Central Bank Leadership]

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