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Apr 18, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►

Markets » Currency

THE RUPEE: steadier trend
Currency

THE RUPEE: steadier trend

Firmness prevailed on the money market on Saturday as the rupee managed to hold overnight levels in relation to the dollar, they said. The rupee stayed put against the dollar for buying and selling at Rs 102.65 and Rs 102.90, the said. The national curren
Published 07 Jun, 2015 12:00am
Westpac eyes China, India for commodities trade growth
Currency

Westpac eyes China, India for commodities trade growth

A recent entrant in Asia's commodities markets, Australia's Westpac Banking Corp is ramping up to take advantage of a commodities "supercycle" that it says has at least another 30 years to run. While some global banks have exited commodities due to more s
Published 07 Jun, 2015 12:00am
Greek PM rejects 'absurd' proposal from lenders
Currency

Greek PM rejects 'absurd' proposal from lenders

Athens delayed a 300 million euro payment to the International Monetary Fund on Friday and Prime Minister Alexis Tsipras spurned an "absurd" proposal from lenders in the impasse that threatens to push Greece into bankruptcy and out of the euro. In a speec
Published 06 Jun, 2015 12:00am
Greek PM rejects 'absurd' proposal from lenders
Currency

Greek PM rejects 'absurd' proposal from lenders

Athens delayed a 300 million euro payment to the International Monetary Fund on Friday and Prime Minister Alexis Tsipras spurned an "absurd" proposal from lenders in the impasse that threatens to push Greece into bankruptcy and out of the euro. In a speec
Published 06 Jun, 2015 12:00am
Greek PM rejects ''absurd'' proposal from lenders
Currency

Greek PM rejects ''absurd'' proposal from lenders

Athens delayed a 300 million euro payment to the International Monetary Fund on Friday and Prime Minister Alexis Tsipras spurned an "absurd" proposal from lenders in the impasse that threatens to push Greece into bankruptcy and out of the euro. In a speec
Published 06 Jun, 2015 12:00am
THE RUPEE: firm trend
Currency

THE RUPEE: firm trend

The rupee managed to hold present levels against the dollar on the money market on Friday, they said. The rupee almost unchanged versus the dollar for buying and selling at Rs 101.88 and Rs 101.90 respectively, they said.
Published 06 Jun, 2015 12:00am
THE RUPEE: firm trend
Currency

THE RUPEE: firm trend

The rupee managed to hold present levels against the dollar on the money market on Friday, they said. The rupee almost unchanged versus the dollar for buying and selling at Rs 101.88 and Rs 101.90 respectively, they said.
Published 06 Jun, 2015 12:00am
Budget Speech
Mutual Funds

Budget Speech

Alongside is the full text of budget speech of Finance Minister Ishaq Dar that he delivered in the National Assembly on Friday, June 5, 2015
Published 06 Jun, 2015 12:00am
Budget Speech
Cotton

Budget Speech

Alongside is the full text of budget speech of Finance Minister Ishaq Dar that he delivered in the National Assembly on Friday, June 5, 2015
Published 06 Jun, 2015 12:00am
Budget Speech
Mutual Funds

Budget Speech

Alongside is the full text of budget speech of Finance Minister Ishaq Dar that he delivered in the National Assembly on Friday, June 5, 2015
Published 06 Jun, 2015 12:00am
Arabica coffee falls
Currency

Arabica coffee falls

Arabica coffee futures on ICE fell on Friday, breaking a seven day streak of gains as the rallying US dollar pressured prices. The currency also weighed on robusta, sugar and New York cocoa. The dollar rallied as much as 1.5 percent against a basket of cu
Published 06 Jun, 2015 12:00am
Copper steady on falling stockpiles after hitting six-week low
Currency

Copper steady on falling stockpiles after hitting six-week low

Copper steadied on Friday as falling stockpiles countered the impact of a strong dollar and offset concerns over an expected seasonal demand slowdown in China that pushed prices to a six-week low earlier in the session. Daily London Metal Exchange data sh
Published 06 Jun, 2015 12:00am
Aussie, New Zealand dollar struggle
Currency

Aussie, New Zealand dollar struggle

The Australian and New Zealand dollars struggled to make any headway on Friday as investors awaited the US labour report, but seemed destined for a big weekly loss on the euro. A surprisingly strong employment outcome would likely reinforce expectations o
Published 06 Jun, 2015 12:00am
Sterling skids against dollar
Currency

Sterling skids against dollar

Sterling skidded by more than one percent against the dollar on Friday after a much stronger than expected US jobs report bolstered prospects of an interest rate hike from the Federal Reserve by September. Nonfarm payrolls increased by a hefty 280,000 las
Published 06 Jun, 2015 12:00am
Sri Lankan rupee ends steady
Currency

Sri Lankan rupee ends steady

Sri Lankan rupee forwards ended steady on Friday on hopes expected inflows would help stabilise the currency while a state-run bank sold ample dollars to keep the spot currency at current levels, dealers said. One-week forwards, which were actively traded
Published 06 Jun, 2015 12:00am
Asian forex: Rupiah sets 17-year low for second day
Currency

Asian forex: Rupiah sets 17-year low for second day

The Indonesian rupiah hit a fresh 17-year low versus the dollar on Friday and most emerging Asian currencies were on track for weekly losses, dented by a rise in US bond yields. The rupiah slipped to as low as 13,295 versus the dollar, its weakest level s
Published 06 Jun, 2015 12:00am
Euro turns lower in New York
Currency

Euro turns lower in New York

The euro fell on Thursday against the US dollar as traders pocketed profits from the shared currency's biggest two-day gain in six years and German Bund yields slipped from multi-month highs. Traders trimmed euro positions as a precaution ahead of the US
Published 06 Jun, 2015 12:00am
Euro steadies in Europe
Currency

Euro steadies in Europe

A yo-yo week for the euro settled on Friday, most major currencies treading water ahead of a monthly US non-farm payrolls report looked to for a clear sign of whether the Federal Reserve can raise interest rates this year. The biggest mover by far in morn
Published 06 Jun, 2015 12:00am
European shares fall as debt woes hit Greek stocks
Currency

European shares fall as debt woes hit Greek stocks

European shares dropped on Friday, setting a regional index on course for its steepest weekly fall so far this year as the Athens stock market slid after Greece delayed a debt payment. Greece's benchmark Athex General Composite (ATG) index tumbled 5.2 per
Published 06 Jun, 2015 12:00am