Rupee cushioned by central bank hand even as dollar strength dents Asia FX (opens original article in a new tab)

The Indian rupee was stronger than most Asian currencies on Wednesday as central bank intervention shielded it from a stronger dollar. Asian currencies weakened as the dollar strengthened, with the Korean won down nearly 1%. Brent oil prices fell to $75.60, the lowest since February 27.

• Indian rupee was stronger than most Asian currencies due to central bank intervention.
• Asian currencies weakened as dollar strengthened, with Korean won down nearly 1%
• Brent oil prices fell to $75.60, the lowest since February 27.