Asian Stocks Rally as Weak Yen Lifts Japan; Rupee Forwards Climb

Asian Stocks Rally as Weak Yen Lifts Japan; Rupee Forwards Climb

Dhiraj Singh/Bloomberg

India’s rupee is headed for the biggest depreciation among emerging-market currencies this week, losing 4.6 percent against the dollar as speculation the Fed will taper stimulus raises the prospect of declining fund flows into emerging markets.