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 • 7 years agoUndoubtedly, 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
• 7 years agoA 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
• 7 years agoForex 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
• 7 years agoPresident 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 • 7 years agoTurkey's central bank announced a series of measures on Monday to free up cash for banks as the country grapples with a currency crisis.