"A few of the Russian banks are joining hands with UCO Bank and Yes Bank. It will be primarily rupee-basis trade, could be rupee-rouble or could be rupee-riyal," a government official said

The Indian rupee fell to a new low of 83 against the dollar on Wednesday as US interest rate rises pile pressure on Asian currencies

Imports rose by more than 40% for the fifth month in a row, hitting their highest ever level since data began in 1979, according to Japan's MOF

Central bank unable to slow drop past key level, despite vow to buy 100 billion yen ($667 million) of state debt with 10-20 maturities plus another 100bn of bonds with maturities of 5-10 years

Tokyo dodges questions on whether it is already supporting its currency through ‘stealth intervention’ as US dollar’s surge continues

Jakarta’s stock market is Asia's best performer this year and the rupiah held out against a forceful US dollar until last month when it slid slid 2.5%

State banks sold a high volume of US dollars and used swaps and spot trades to defend the weakening yuan on Monday, sources said. One said the operation was 'rather huge'

The soaring US dollar continued to pile the pressure on Japan’s yen on Friday with Tokyo poised to intervene if they see “excessive volatility”

Traders were on the lookout for signs of imminent Japanese intervention to prop up the struggling currency

Japan says it is watching the yen’s slide “with a high sense of urgency” and is poised to “take appropriate steps on excess moves”

The rupee was trading around 82.40 to the dollar on Tuesday, having hit a low of 82.6825 on Monday, currency traders said

Japan's foreign reserves fell by a record $54 billion last month after its rare intervention in the currency market two weeks ago