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EM stocks up 0.1%, FX flat India stocks outperform on proposed tax cuts Romanian stocks fall on austerity worries S.Korea shares fall on US tariff plan reports Aug 18 (Reuters) - Most emerging market currencies were steady on Monday, as markets awaited developments from Ukraine talks in Washington, while Indian stocks sprinted ahead on government proposals for a major tax overhaul. Romanian equities underperformed with a 1.5% drop, on track for their biggest fall in over a month, as investors fretted about impending austerity measures to cut the country's hefty...

By Jaspreet Kalra MUMBAI (Reuters) - The Indian rupee rose on Thursday to log its best weekly performance in a month as foreign portfolio inflows into Indian equities picked up and as the dollar remained on the defensive amid concerns about how tariffs would affect the world's largest economy. The rupee closed at 85.3675 against the U.S. dollar, up from its close at 85.6775 in the previous session. The currency rose about 0.8% week-on-week, its best weekly gain since March 17. Indian financial markets are shut on Friday for the...