Lira
Recent Highlights
All Stories for Lira
Rupee crashes past 72: Currency mayhem signals a deeper problem; India must think long-term, find solutions within
Amit Kapoor And Chirag Yadav •Undoubtedly, domestic factors have played a crucial role in the weakening of these currencies, but the significance of the strengthening dollar cannot be downplayed.
Current account deficit to widen to 2.5% of GDP in FY19 due to higher oil prices, says Moody's, experts
•A further widening of the CAD is expected in 2018-19 to around 2.4 percent of GDP, due to a further increase in the oil import bill and the impact of rupee depreciation on import costs.
Rupee hits new all-time low of 70.32 on strong dollar demand; spike in trade deficit to five-year high
•Forex dealers said besides strong demand for the dollar from importers, capital outflows mainly weighed on the rupee
Turkey currency crisis: Tayyip Erdogan says Ankara to boycott US electronic goods in retaliation for Washington sanctions
•President Tayyip Erdogan said on Tuesday Turkey will boycott electronic products from the United States, retaliating in a dispute with Washington that has helped drive the lira to record lows.
Turkey currency crisis: Central bank announces measures to ensure financial stability; Erdogan terms lira crash 'political plot'
Fp Staff •Turkey's central bank announced a series of measures on Monday to free up cash for banks as the country grapples with a currency crisis.