India now has a weighting of 15.5% on the MSCI Emerging Market Index (EM), compared with 15.11% for Taiwan. India’s weighting has climbed from 12.97% end-January, when Taiwan’s weighting was 14.42%.
Volatile yen draws intervention watch, other currencies subdued
In response to last week’s notable drop, currency markets have been closely monitoring the yen. Reports suggest that Japanese officials are conducting rate checks, hinting