Treasury Without a Compass: Managing Liquidity in an Era of Structural Rate Volatility

For almost four decades, corporate treasury teams across the world operated with a degree of confidence that interest rates, while cyclical, broadly followed a predictable economic playbook. The post-1980s era of globalisation, central bank credibility and relatively stable inflation created an environment where treasury decisions around borrowing, debt maturity and liquidity could be made with…

Read More

FX, Rates and a More Volatile Rupee: The New Playbook for Indian Treasury Risk

For much of the decade following the global financial crisis, currency volatility was treated as a manageable background risk rather than a board-level concern. Central banks smoothed extremes, interest rates stayed near historic lows and treasury teams optimised around efficiency rather than resilience. That era has decisively ended. Since 2022, global treasurers have been forced…

Read More
Top