Emerging markets - Indonesian rupiah down 0.3%, Indian rupee hits record low as crude firms, other Asian currencies rise

JAKARTA, June 28 (Reuters): The Indian rupee touched a record low on Tuesday due to inflation worries from higher crude prices, and the Indonesian rupiah fell on a slide in palm oil futures, although other Asian currencies strengthened after the US dollar weakened.

The Indian currency and equities were pressured by worries that a rise in crude prices will exacerbate already high inflation.