Hot desert’s coal left out in the cold EDITORIAL: The dollar crunch is hitting the economy hard; the power sector is no exception either. One more casualty... Published 26 Apr, 2023 06:15am
Editorials Why country’s exports are declining? EDITORIAL: Export data for July-March 2023 released by the Pakistan Bureau of Statistics (PBS) as opposed to... Published 26 Apr, 2023 06:15am
Business & Finance Dollar firms as US yields rise NEW YORK: The dollar strengthened on Wednesday, lifted by rising Treasury yields, though the pound gained against ... Published 20 Apr, 2023 06:30am
Print Dollar-denominated govt bonds firm after UAE cash pledge LONDON: Pakistan’s dollar-denominated government bonds rose by more than 2 cents to highest level in a month on... Updated 15 Apr, 2023 08:54am
Opinion Resilience, helplessness or loss of trust?–I The Pakistanis are battling an inflation rate of over 35 percent, a policy rate of 21 percent, depletion in value of... Updated 13 Apr, 2023 07:20am
Business & Finance Russian rouble suffers worst week against dollar MOSCOW: The Russian rouble suffered its worst week against the dollar this year, tumbling on a lack of foreign... Published 10 Apr, 2023 06:45am
Business & Finance Dollar firms as US jobs report backs Fed hike in May NEW YORK: The dollar strengthened on Friday after data showed an increase in jobs in the world’s largest economy... Published 10 Apr, 2023 06:45am
Business & Finance Dollar rises vs most currencies as US non-farm payrolls loom NEW YORK: The dollar gained against most of its peers on Thursday in thin trading, as investors consolidated... Published 07 Apr, 2023 06:06am
Markets Rupee registers major recovery, settles at 284.42 against US dollar Currency appreciates 1.2% in the inter-bank market Updated 06 Apr, 2023 08:07pm
Business & Finance Dollar gains after days of losses NEW YORK: The dollar edged higher on Wednesday, recovering from two-month lows hit the previous session, as ... Published 06 Apr, 2023 06:20am
Markets Dollar hovers near two-month low after jobs jolt; RBNZ boosts kiwi LONDON: The dollar held near two-month lows on Wednesday after weak data supported the view that the Federal Reserve... Published 05 Apr, 2023 05:41pm
Business & Finance Dollar slides after weak US economic data NEW YORK: The dollar dropped on Monday, surrendering earlier gains following the announcement of unexpected oil... Published 04 Apr, 2023 03:24am
Business & Finance Dollar under pressure as inflation data lift euro NEW YORK: The dollar slipped to a 1-week low against the euro on Thursday as German inflation data helped lift the... Published 31 Mar, 2023 06:45am
Print Forex buyers, sellers: Senate panel urged to remove CNIC-video condition ISLAMABAD: Exchange Companies Association of Pakistan (ECAP) Chairman Malik Bostan Wednesday suggested to the Senate... Updated 30 Mar, 2023 08:27am
Markets Rupee dips against US dollar, closes at 283.92 Currency depreciates 0.13% in interbank market Updated 29 Mar, 2023 08:39pm
Markets Dollar gains against yen as banking fears ease NEW YORK: The dollar rose to a two-day high against the Japanese yen on Monday as authorities’ efforts to rein in... Published 27 Mar, 2023 07:58pm
Opinion The challenge of rising interest rates While inflation has become a major topic for debate in today’s world politics, it is actually a tale as old as... Published 26 Mar, 2023 03:19am
Business & Finance Dollar falls after Fed raises rates WASHINGTON: The dollar was lower on Wednesday following the US Federal Reserve’s decision to raise interest rates... Published 23 Mar, 2023 05:47am
Markets Rupee makes minor gain against US dollar, settles at 283.92 Currency appreciates 0.04% in inter-bank market Updated 22 Mar, 2023 10:16am
Business & Finance Dollar slides as investors digest Credit Suisse rescue WASHINGTON: The dollar slid on Monday as investors reacted nervously to UBS’ cut-price takeover of its beleaguered... Published 21 Mar, 2023 06:29am
Business & Finance Dollar slips as banking turmoil snares markets NEW YORK: The dollar fell on Friday as further declines in the shares of Credit Suisse and First Republic Bank... Published 20 Mar, 2023 06:12am
Markets Copper prices fall on stronger dollar and banking woes LONDON: Copper prices fell in London on Wednesday as a stronger dollar dented buying appetite from holders of other... Published 16 Mar, 2023 06:01am
Business & Finance Dollar gains in safe-haven buying NEW YORK: The dollar rose on Wednesday on safe-haven buying after Credit Suisse’s stock tumbled following the... Published 16 Mar, 2023 06:01am
Markets Copper falls on US banking crisis, stronger dollar LONDON: Copper prices faltered on Tuesday, unsettled by worries about the knock-on impact of a US banking crisis, a... Published 15 Mar, 2023 06:01am
Business & Finance Dollar edges up NEW YORK: The dollar edged higher on Tuesday as traders set aside a fairly strong reading of consumer price data and... Published 15 Mar, 2023 06:01am
Opinion Containment of imports The latest international trade statistics for the period, July to February, 2022-23, have just been released by the... Published 14 Mar, 2023 03:18am
Business & Finance Dollar slides as Fed rate hike expectations slump on SVB collapse NEW YORK: The dollar fell on Monday as markets bet the Federal Reserve will be less aggressive in raising interest... Published 14 Mar, 2023 03:18am
Markets A meagre weekly decline KARACHI: The rupee depreciated a meagre 0.82% against the US dollar in the inter-bank market during the previous... Published 13 Mar, 2023 06:15am
Business & Finance Dollar weakens after US jobs data NEW YORK: The dollar weakened on Friday after US labor data showed slower wage growth, suggesting inflation ... Published 13 Mar, 2023 06:15am
Markets Dollar's rate in interbank market KARACHI: Interbank closing rates for dollar on Thursday (March 09, 2023). ======================== Open Bid ... Published 10 Mar, 2023 03:46am