Asian currencies drop this week as Fed may tapper off

Note: This section contains information in English only.
Source: Bloomberg
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 the Thai Baht lost 0.6% to 31.4.

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Fri, 08 Nov 2013 12:18:20 GMT

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