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Rupee Fall Is Hurting Bonds Now Among Asia’s Worst: India Credit

Indonesian Rupiah, Indian Rupee And Filippino Peso As Gloom Lifting From Asia's Emerging Currencies After Rate Hikes
Photographer: Brent Lewin/Bloomberg

A slide in the rupee is exacerbating a slump in Indian corporate dollar notes that are now among the worst performers in Asia, just as concerns mount that companies are hedging less.