Foreign Currency News

Markets

Turkey Lira Woes Ease as Central Bank Pushes Funding Cost Higher

The pressure on Turkey’s lira is showing early signs of easing, with the central bank pushing ahead with more aggressive tightening to provide a buffer from domestic political and global trade risks.

3 min read29 Apr 2025
Opinion

Ajit Ranade: Rupee depreciation is inevitable but exchange-rate volatility is not

The Reserve Bank of India should restrain its active forex intervention, while the government needs to frame policies aimed at attracting more dollars. It’ll also help to tone down the rhetoric that equates the rupee’s strength with national strength.

4 min read6 Jan 2025
Opinion

Mint Quick Edit | Has the rupee weakened or strengthened?

It has fallen against the dollar but its real effective exchange rate, vis-a-vis a basket of currencies, is at a peak. Is this too risky? That’s a call for RBI to take.

1 min read27 Dec 2024
Economy

How the rupee’s fall can impact the economy and what RBI can do about it

The rupee continues to get weaker against the US dollar, which is bad news as India remains a net importer

2 min read17 Apr 2024