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currency markets

The darkness deepens

The darkness deepens

They say the night is darkest before the dawn. On Monday, it couldn’t have gotten darker—somewhere, someone in...
Published 25 Jan, 2023 06:25am
Why the USD matters?
Opinion

Why the USD matters?

Whenever I meet clients and investors, the one discussion I always end up having, regardless of market conditions, ...
Updated 18 Jan, 2023 07:34am
PKR: woeful decline
Editorials

PKR: woeful decline

EDITORIAL: The gap between the currency markets — the interbank and the open market — is widening on a daily...
Published 09 Sep, 2022 06:09am
Sterling slips to one-month low versus dollar
Markets

Sterling slips to one-month low versus dollar

  • Versus the euro, it was down 0.4% at 86.24 pence per euro .
  • "Sterling's bearish bias has been in place over the past week or so as it toyed with breaking below 1.41 against the dollar."
Published 15 Jun, 2021 05:42pm
Dollar drifts higher before Fed decision
Markets

Dollar drifts higher before Fed decision

  • While currency markets were generally calm, signs of nervousness were evident in the bond markets where yields on 10-year US Treasury notes rose above 1.60% after tepid auction results.
  • The dollar index rose 0.2% at 91.047, bouncing from Monday's low of 90.679, its weakest level since March 3, though investors were not convinced a recent downtrend had ended.
Published 28 Apr, 2021 05:21pm
Your rupee last week
Markets

Your rupee last week

KARACHI: Following currency fluctuations took place in foreign exchange rates during the last week. (March 15 to 19,...
Published 22 Mar, 2021 04:18am
Russian rouble recovers after sell-off led by sanction risk
Markets

Russian rouble recovers after sell-off led by sanction risk

  • Risk of sanctions linked to the arrest of Kremlin critic Alexei Navalny upon his return to Russia for the first time since being poisoned last summer hit the rouble on Monday.
  • Rouble was 0.3% stronger against the dollar at 73.75 and was flat against the euro, trading at 89.45.
Published 19 Jan, 2021 05:39pm