The Indian rupee ended the month and quarter slightly lower on Monday, trailing most Asian peers due to muted portfolio inflows and the country's external investment deficit. The currency ended at 85.7550 against the US dollar at 11:35 GMT, down 0.3 per cent for the day, 0.2 per cent for the month, and 0.3 per cent for the quarter, lagging behind other Asian currencies despite a weakening dollar trend. The Indian currency has remained stable this year, while the Taiwan dollar and Korean won have increased by nearly 13 per cent and 8 per cent year-to-date. The offshore Chinese yuan, a closely monitored peer of the rupee, has also risen by over 2 per cent. Attribution: Reuters Subediting: M. S. Salama
