Taiwan Dollar

According to Irene Cheung of ANZ Research, it is obvious that India is affected or impacted more by domestic cues than global issues.

Dollar hits 12 year peak, emerging markets spooked

Driving the dollar was speculation the Federal Reserve would start lifting interest rates from mid-year, while central banks in the European Union and Japan were busy easing policy by buying billions in government bonds.

The Fed might knock these Asian currencies

"Fear of the Federal Reserve is too big a risk in the near term. Strong employment data or indications from the Fed that rate hikes are imminent might push Asian currencies lower," according to a Societe Generale note published on Thursday

Warning: Asian currencies set for battering

Currencies with sound external balances, such as the yuan, Korean won, Taiwan dollar and Singapore dollar, were expected to hold up better against the Federal Reserve`s tapering of its asset purchases this year, HSBC said.

Rupee leads Asia forex gains on China stabilisation hopes

Sentiment was also lifted by easing concerns of a US military strike against Syria, which saw crude oil prices retreat. The rupee hit a two-week high.

Rupiah at new four-year low; Asia FX down for week

The rupiah fell 0.3 percent to 10,830 per dollar, its weakest since April 2009, as investors awaited a government announcement on a policy package to curb inflation and boost jobs in the early afternoon

Rupee to see worst quarter in 10 years

The Indian rupee was set to end its worst quarter in at least a decade on Friday, leading slides among emerging Asian currencies in April-June on worries about the withdrawal of US stimulus and China's cash crunch.