#currency-depreciation
Sri Lanka stuns with 100-bp rate hike as Iran war rattles currency, fuels inflation
The Central Bank of Sri Lanka (CBSL) raised the overnight policy rate to 8.75% from 7.75%, blaming higher inflation and a depreciating rupee
Private banks favoured over PSUs as macro headwinds cloud near-term outlook: Digant Haria
Market expert Digant Haria notes strong corporate earnings but rising macroeconomic uncertainty. Private sector banks appear better positioned than PSU banks due to solid fundamentals, though near-term upside may be capped by inflation and currency depreciati…
RBI revives aggressive pre-market intervention to arrest rupee’s slide
RBI’s pre-open intervention mirrored past episodes where it has acted aggressively to break a negative feedback loop of persistent depreciation and mounting pressure on the rupee.
A severe sugar shortage in the market and a serious risk of price increases.
The Essential Food Importers' Association warns that due to the continuous depreciation of the Sri Lankan Rupee against the US Dollar and India's temporary halt on sugar exports, there is a serious risk of a severe sugar shortage and price hikes in the domest…
Global Market: Emerging markets face mounting economic pressure amid Iran war disruptions
The Iran war's economic ripple effect is hitting emerging markets hard, two months on. Rising inflation, trade disruptions, and fiscal strain are evident globally. While some commodity exporters see gains, many developing nations face currency depreciation a…