Indian Rupee poised for a three-week drop amid U.S. stimulus concern

India's Rupee was set for third weekly drop amid concern U.S. lawmakers would slow debt purchases, which conduced to inflows to emerging markets and increased the supply of Dollars. The currency slid 0.4% to 54.4425 per greenback in Mumbai, the lowest in one month, after results from the Fed's last meeting indicated several officials favour varying the pace of purchasing bonds.