BCA Research points us to a “breakout” in the MSCI Emerging Markets Index:
Emerging market banks tend to perform particularly well during times of a falling U.S. dollar, and banks in Asia and Eastern Europe currently appear attractive.
India didn’t make their buy list, but any bullish performance in EMs should provide support.
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April 18th, 2007 at 4:31 pm
Bank FD Market has again appreciated both for Residents and NRIs.
NRO deposits are now 11% (max.) and NRI Rupee plus is offering 9.1% Tax free.