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…
