Currency

Markets

Japanese Yen sinks to weakest level since 1986: 3 reasons behind the historic slide

The yen has reached its lowest point against the US dollar in almost 40 years, prompting worries of intervention from Japanese authorities. The decline is fueled by a strong dollar, expectations of US rate hikes, and growing bearish bets on the yen, despite Japan's recent economic improvements.

3 min read1 Jul 2026
Markets

Polymer currency notes proposal under consideration, says RBI Governor Sanjay Malhotra

Speaking at the post-policy press conference on Friday, Malhotra said the consideration was still at a preliminary stage and the central bank was examining its pros and cons.

1 min read5 Jun 2026
Opinion

Shankar Sharma flags India’s macro dilemma: save the rupee or defend stocks

Shankar Sharma argues that India’s forex reserves are overwhelmingly built on “rented capital”, SIP inflows are facilitating foreign exits, and the country may soon have to choose between protecting the rupee and protecting the stock market.

7 min read29 May 2026
Industry

Need deep reset, no quick fix, say experts as rupee hits new lows

While the US-Iran conflict has intensified pressure on the rupee, experts said the currency’s weakness predates the war and reflects broader concerns over slowing capital inflows at a time when India’s current account deficit is expected to widen.

5 min read15 May 2026
Markets

USD vs INR: Indian Rupee may depreciate to 96 per US dollar amid rising crude oil prices, global risk

The Indian rupee fell 20 paise to 95.43 against the US dollar amid geopolitical tensions and rising Brent crude prices, impacting oil-importing nations. Experts warn that prolonged currency weakness could worsen India's current account deficit and trigger further capital outflows.

2 min read5 May 2026
Industry

Market power comes with responsibility, RBI governor tells banks, PDs

RBI Governor Sanjay Malhotra flagged persistent issues such as limited product diversity in interest rate derivatives and underdevelopment of credit derivatives.

2 min read1 May 2026
Opinion

Barry Eichengreen: The end of the Dollar Empire is no longer unthinkable—think of Roman coins

Today’s concentration of power in the US holds echoes of Emperor Nero’s Rome, whose denarius was dethroned by unchecked authority and fiscal irresponsibility after a three-century-long reign. The dollar’s dominance cannot be taken for granted.

4 min read14 Apr 2026
News

Trump’s signature to be added to US dollars in first for a sitting president; Bessent hails ‘no more powerful way to…’

US Treasury to add President Donald Trump’s signature to dollar bills, replacing the treasurer’s name in a historic first that the department said would mark America's 250th anniversary.

3 min read27 Mar 2026
Markets

BSE announces market-wide mock trading drill for equity, currency and commodity segments on March 14

The Bombay Stock Exchange will hold a mock trading session on March 14 to test its trading infrastructure across multiple segments, including currency, commodity, equity, and equity derivatives. The session aims to help market participants ensure readiness for live market operations.

2 min read13 Mar 2026
Opinion

Monetary puzzle: Why cash in circulation has risen in India even as UPI transactions set new records

India’s cash in circulation hit a record ₹40 trillion in January, even as UPI transactions scaled yet another peak. What exactly is going on? Four explanations unpack a trend that should both reassure and caution policymakers.

4 min read18 Feb 2026