Fri, 08 Nov 2013 12:07:11 GMT
Asian currencies drop this week as Fed may tapper off
India's Rupee declined on Friday together with the majority of Asia's most-traded currencies this week amid concerns that the Federal Reserve may scale back its stimulus sooner than forecast reducing demand for emerging-market assets. The Indian Rupee fell 1.5% to 62.66 per U.S. Dollar this week by 2:03 p.m. Mumbai time, while the Indonesia's Rupiah slipped 0.7% to 11,415 and