Tag: dollar

Dollar gains 01 paisa against Rupee

The exchange rate of US dollar against rupee witnessed slight increase. According to Forex Association of Pakistan the buying and selling rates of dollar...

Rupee gains 03 paisa against Dollar

The exchange rate of US dollar against rupee decreased. Buying, selling rates of dollar in open market were recorded at Rs 155.85 and Rs...

Canadian dollar rises as Trudeau clings to power, Pound waits for Brexit developments

Trade optimism bolsters dollar and riskier currencies HONG KONG - Hopes the United States and China were making progress to resolve their trade dispute supported the...

Dollar skids as Brexit optimism lifts pound and euro

Against the dollar, sterling was last up 0.1% in North American trade, having earlier broken above $1.30 for the first time in 5-1/2 months. ...

Rupee stands stable against Dollar

Exchange rate of dollar against rupee witnessed no change in interbank. Dollar was traded at Rs 155.90 against Pakistan rupee. ISLAMABAD: The exchange rate of...

Growth versus high discount rate

Pakistan will experience the lowest growth rate in the region in fiscal year 2020 (ending 30 June 2020) at 2.4 percent, lower than Afghanistan's 3...

Dollar weakens on Brexit, shares sapped by weaker China growth

China data, investor caution before Brexit vote, hits markets China GDP grows 6.0% in third quarter, near three-decade low Dollar weakens ahead of Brexit...

Dollar pinned near 1-month lows on weak data; pound volatile

The dollar only managed to eke out some gains against the struggling pound. Sterling slid as much as 0.6pc against the dollar to $1.2748. ...

Pakistan’s economy beyond the IMF

Pakistan's economy is stuck between a rock and a hard place. On the one hand, historically poor domestic revenue generation by successive governments, excessive untargeted...

Dollar dented as data disappoints; sterling soars

The dollar index, which measures the US currency against six major currencies, was down 0.1pc at 98.188. The dollar's losses were most pronounced against...