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US rate fears hurting Asia currencies

23 August 2013 Last updated at 04:14 BST

India's currency, the rupee, continues to hit new record lows.

It has lost 16% of its value this year, and it's the worst-performing major currency in the world.

But many of its Asian counterparts, such as the Indonesia rupiah and the Thai baht, have also been facing a wave of selling.

The BBC's Sharanjit Leyl asked Jeffrey Halley, head of currency trading in Asia at Saxo Capital Markets, what is battering Asia's currencies.