Tag Archives: rupee

The new year will not be happy for banks in India (HDB, IIF, IBN, ICN)

Declining economic growth was the big story for India for 2011; and the impact on its banking sector will dominate the headlines in the new year.  As detailed in numerous articles on www.emergingmoney.com, sector after sector is India is declining, from airlines to auto to real estate. Efforts to bring in foreign investors to reinvigorate the economy were thwarted due to politics.

Asia Banks India Stocks

PIMCO sees emerging currencies as a `buy'

Inflation in Asia in particular and simple fundamentals will probably force most emerging markets to let their currencies get stronger over the next three to five years, according to the gurus at PIMCO, the world’s largest bond fund.

Currencies ETFs