Rupee logs biggest weekly gain in more than a year, but underperforms peers

The Indian rupee rose on Friday and posted its biggest weekly rise more than a year, helped by relief in the Asian forex space over U.S. President Donald Trump not levying tariffs immediately on taking office.

The rupee closed up 0.3% at 86.2050 per U.S. dollar, and was up 0.5% this week, highest…