Stocks recover from Fed jolt, India to join JPMorgan bond index

Industry News

Emerging market stocks recovered from a four-day losing streak at the end of a week packed with major central bank decisions, while the Indian rupee firmed after JPMorgan’s plans to include the country’s local bonds in its debt index.

MSCI’s index for emerging market equities .MSCIEF rose 0.8% by 0853 GMT on Friday, bouncing off a recent three-month low, but was on track for weekly declines of 2.2%.

 

Source: CNBC

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