Emerging-Market Stocks Decline for 8th Day as Rupee Sinks - Bloomberg

Emerging-Market Stocks Decline for 8th Day as Rupee Sinks - Bloomberg:

"Emerging-market stocks retreated for an eighth day, capping the longest slide since 2006, as a decline in India’s rupee to an eight-week low sank the nation’s shares and spurred concern capital inflows will slow.
The MSCI Emerging Markets Index decreased 0.2 percent to 992.99. The S&P BSE Sensex (SENSEX) fell for a fifth day on speculation the rupee’s slump will deter the central bank from easing liquidity curbs. The Borsa Istanbul National 100 Index dropped to the lowest level in two months as Akbank TAS paced losses in Turkish lenders. Philippine shares slid the most since Sept. 30 after the nation was battered by Super Typhoon Haiyan."

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