Forex Markets

The opening times for the markets, including call money, commercial papers and government securities, have been restored to their pre-pandemic timing of 9am

Rupee steadier compared to previous crises, will avoid sharp depreciation: CRISIL

With the RBI expected to continue intervening in the forex markets to manage volatility, a sharp depreciation in the rupee may be avoided. However, it could face volatility in the near term as geopolitical tensions persist.

Mexico peso down to life low as Trump homes in on US presidency

Concerns of a Trump victory have weighed heavily on the peso for months on his threats to rip up a free trade agreement with Mexico and tax money sent home by migrants to pay for building a wall on the southern US border.

G7 warns against manipulating currencies, amid policy split

G7 ministers warned against members manipulating their currencies, coming down against host Japan whose plans to tame the resurgent yen ignited a policy split in the club of rich nations