As for the once besieged Indian rupee, that currency has recently perked up and global banks do not appear as concerned about that currency as they are about the rupiah. The WisdomTree Indian Rupee Fund (NYSEArca: ICN) is up 1.5% in the past month. [What’s Wrong With the Rupee?]
The real and rupiah combine for 12.7% of the WisdomTree Emerging Currency Fund’s (NYSEArca: CEW) weight, but that has traded modestly higher in the past 90 days because of its ample exposure to account surplus currencies like the South Korean won.
WisdomTree Emerging Currency Fund
ETF Trends editorial team contributed to this post.