Indian rupee depreciated marginally last quarter, long term outlook positive: Experts

New Delhi [India], October 4 (ANI): The Indian rupee faced strong competition in the last quarter from other major Asian currencies, particularly Japan's yen and the Chinese yuan.

According to data, the Indian rupee depreciated by 0.6 per cent over the past three months, while Japan's yen and the Chinese yuan appreciated against the U.S. dollar during the same period.

The Japanese yen saw a sharp appreciation of 9 per cen