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INR News and Press, Market Vectors Indian Rupee/USD ETN From 04/12/20

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Company Name: Market Vectors Indian Rupee/USD ETN
Stock Symbol: INR
Market: NYSE

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INR - Capital Markets Stabilizing

Official actions have succeeded in stabilizing the capital markets, even as much of the world's economy remains locked down, and the hardships faced by households and businesses intensify. In the middle part of last month, the markets were as dysfunctional as they have ever been. Volatility ...

INR - Glimmer Of Hope Lifts Markets

Overview: Reports suggesting that some of the hot spots for the virus contagion appear to be leveling off, and this is helping underpin risk appetites today. The curve seems to be flattening in Italy, Spain, and France. In the US, there are some early signs of leveling off in NY, and now, th...

INR - March Ends Like A Lion, No Lamb In Sight

Overview: The coronavirus plague upended the world in March. Equities are finishing the month on a firm note. Strong gains in the US yesterday and an unexpectedly strong Chinese PMI (yes, to be taken with the proverbial grain of salt) helped lift most Asia-Pacific and European markets today....

INR - Strong Dollar Is A Negative Double Whammy On Overseas Returns For U.S. Investors

By Philip Lawlor, managing director, Global Markets Research US investors have been licking their wounds from their overseas returns as the weakness in non-US currencies have significantly affected returns. The chart below, which compares global equity returns since the peak in global equi...

INR - India has no plans to extend 21 days lockdown

Dismissing the rumors that the government could extend 21-day lockdown, Cabinet Secretary Rajiv Gauba told that there was no plan to extend the shutdown beyond the three weeks. More news on: iShares MSCI India Index ETF, WisdomTree India Earnings ETF, VanEck Vectors India Small-Cap In...

INR - India's RBI joins 'whatever it takes' rhetoric

India's RBI cut the benchmark interest rates ahead of the scheduled April announcement to mitigate the economic concerns due to COVID-19. More news on: iShares MSCI India Index ETF, WisdomTree India Earnings ETF, iShares S&P India Nifty Fifty Index ETF, Global news and forex, News on...

INR - India's Steel Sector Faces Challenges From Coronavirus, Beijing's Export Incentives

Original post By Sohrab Darabshaw Like in other countries, the outbreak of COVID- 19 and the subsequent lockdown threatens to disrupt India's steel production. What's more, there are reports coming in now that Indian steel companies will face even more competition from rivals in Ch...

INR - Currency Carnage - The Dollar Strength Is A Mirage

The international currency market is a bit of a mirage. Like an oasis in the desert, the US dollar has been the king of the asset class. A flight to quality in a risk-off environment has caused the value of the greenback to rise against other foreign exchange instruments. As the world battles ...

INR - India lockdown suspends output of Apple suppliers

Foxconn ( OTC:FXCOF ) and Wistron ( OTC:WICOF ) have suspended all production at their Indian plants (until at least April 14) to comply with a nationwide lockdown ordered by Prime Minister Narendra Modi. More news on: FOXCONN TECH CO LTD ORD, WISTRON CORP ORD, Apple Inc., Tech stocks ne...

INR - India goes under 3 weeks lock down

Indian Prime Minister Narendra Modi orders a three-week lockdown of the country - population 1.3B. More news on: iShares MSCI India Index ETF, WisdomTree India Earnings ETF, iShares S&P India Nifty Fifty Index ETF, Global news and forex, News on ETFs, Read more ...

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