Hedge Fund News From HedgeCo.Net

Emerging-Market Rout Takes Aim at India Amid Widening Deficit

(Bloomberg) India became the latest epicenter of the nervousness sweeping emerging markets as better-than-forecast current-account data failed to stem the slide in the rupee. The currency sank as much as 1.3 percent, while stocks dropped the most since August and bonds tumbled to the lowest level since 2014.

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