Indian rupee is the worst-performing currency in Asia this year

The Indian rupee is the worst-performing currency in Asia in 2020 so far, even underperforming minor South Asian currencies like Pakistani rupee and Sri Lankan rupee. The rupee, which closed at 73.85 per dollar on Tuesday, is down about 3.5% this year. Asian currencies including the Chinese yuan, Philippine peso, South Korean won, Malaysian ringgit and Thai baht have appreciated.