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Currency

Most set for losing week, Indian rupee gains

Updated : June 22, 2018 11:33 AM IST

Most Asian currencies trod water on Friday, and with the exception of the Indian rupee they were set to end the week lower, partly due to concerns over a brewing trade war and caution ahead an OPEC meeting later in the day.
The Chinese yuan eased about 0.15 percent to a more than five-month low against the dollar.
Mounting trade tensions between China and the United States has weighed heavily on the yuan, which is set for its worst week since November 2016.
Most set for losing week, Indian rupee gains
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