Market News
Rupee logs worst day in nearly 2 weeks as tariff jitters lift dollar - REUTERS
By Jaspreet Kalra
MUMBAI, Jan 28 (Reuters) - The Indian rupee weakened along with most of its regional peers on Tuesday as comments about trade tariffs from U.S. President Donald Trump boosted the dollar a day after a selloff in U.S. technology stocks had hurt the greenback.
The rupee closed at 86.5225 against the dollar, down 0.2% on the day, its biggest one-day percentage fall since Jan. 16.
Asian currencies were mostly weaker, with the offshore Chinese yuan down 0.4% at 7.28, while the dollar index rose 0.1% to 107.9.