Dollar slips with inflation in focus; euro, sterling up on jobs data LONDON: The dollar fell on Tuesday ahead of a keenly anticipated U.S. inflation report, while the euro and sterling... Published 14 Feb, 2023 06:38pm
Markets Rupee makes significant strides against US dollar Currency settles at 267.34 in inter-bank market after 0.79% appreciation Updated 14 Feb, 2023 07:10pm
Markets Dollar gains on yen as US yields rise ahead of key CPI data TOKYO/LONDON: The dollar was testing a five-week high versus major peers on Monday, particularly gaining against the... Published 13 Feb, 2023 06:56pm
Business & Finance Dollar rises as investors look to next week’s inflation report NEW YORK: The dollar gained on Friday as investors grew concerned about a US inflation report next week that could... Published 13 Feb, 2023 05:57am
Markets Highly critical: SBP-held foreign exchange reserves fall $170mn, now stand at mere $2.92bn Total liquid foreign reserves held by the country stood at $8.54 billion Published 09 Feb, 2023 07:03pm
Business & Finance Dollar flat to slightly higher NEW YORK: The dollar was flat to slightly higher in choppy trading on Wednesday, as investors paused selling the... Published 09 Feb, 2023 06:02am
Editorials Forex woes EDITORIAL: Total foreign exchange reserves held by the State Bank of Pakistan (SBP) further declined to 3.08967... Published 08 Feb, 2023 06:37am
Opinion Dollar’s gyrations raise hedging costs for US companies Wild swings in global currencies hammered corporate earnings in the past year, and while forex markets have gotten... Published 07 Feb, 2023 06:57am
Markets Gold gains capped by stronger dollar, yields NEW YORK: Gold rose on Monday, yet gains were limited by a stronger dollar and yields, with investors banking on the... Published 07 Feb, 2023 06:07am
Business & Finance Dollar extends US jobs data bounce NEW YORK: The dollar rose to a three-week high against the euro on Monday, as Friday’s blockbuster US jobs report... Published 07 Feb, 2023 06:07am
Markets Dollar steady after robust US jobs data, lira hits record low LONDON/SINGAPORE: The dollar held firm against the euro on Monday, with traders taking the view the US Federal... Published 06 Feb, 2023 02:33pm
Markets Dollar on the front foot after robust U.S. jobs data, yen falters SINGAPORE: The dollar extended its rally on Monday after a strong U.S. jobs report suggested the Federal Reserve... Published 06 Feb, 2023 09:40am
Business & Finance Dollar jumps after ‘monster’ job report NEW YORK: The dollar jumped on Friday after data showed that US employers added significantly more jobs in January... Published 06 Feb, 2023 07:18am
Markets Copper prices fall on stronger dollar LONDON: Copper prices fell on Thursday as the US dollar strengthened and demand in top consumer China remained slack... Published 03 Feb, 2023 06:17am
Editorials An enabling environment for reform EDITORIAL: The political decision, notably to dissolve the assemblies of Punjab and Khyber Pakhtunkhwa by Pakistan... Published 02 Feb, 2023 06:12am
Markets Dollar pauses ahead of Fed rate decision SINGAPORE: The dollar was broadly flat against major currencies on Wednesday after easing in the previous session... Published 01 Feb, 2023 10:53am
BR Research Repatriation – desperate times, desperate measures Even though Pakistan has a liberal foreign investment policy that allows total profit repatriation, FDI repatriation... Published 01 Feb, 2023 09:06am
Business & Finance Dollar pares gains on falling US labour costs NEW YORK: The dollar gave up gains made earlier on Tuesday after data showed US labour costs increased less than... Published 01 Feb, 2023 07:24am
Print Fitch says PKR to further weaken ISLAMABAD: The Pakistani rupee is expected to weaken further, particularly with the country’s balance of payments... Updated 01 Feb, 2023 11:30am
Print Country braces for fuel shortages? KARACHI: Pakistan could face a crunch in fuel supplies in February as banks have stopped financing and facilitating... Updated 01 Feb, 2023 08:54am
Editorials A reminder of the flaws in economic policies EDITORIAL: Match the rise in taxes to a cut in government expenditure is a cry gathering momentum not only amongst... Published 01 Feb, 2023 05:58am
Markets Dollar set for fourth monthly drop as Fed meeting looms SINGAPORE: The dollar was eyeing a fourth monthly loss on Tuesday as investors reckon a peak in US interest rates... Published 31 Jan, 2023 09:44am
Markets Oil falls more than 1% on stronger dollar, rate hike worries LONDON: Oil prices fell by more than 1% on Tuesday, touching two-week lows on the prospect of further interest rate... Updated 31 Jan, 2023 06:52pm
Markets Small traders assail oil price hike KARACHI: Small traders on Monday rejected the recent increase in oil prices by the PDM government, saying that the... Published 31 Jan, 2023 07:06am
Business & Finance Dollar steady as central banks take central stage NEW YORK: The dollar was little changed on Monday, a day before the Federal Reserve was due to begin a two-day ... Published 31 Jan, 2023 07:03am
Markets Dollar cautiously firm ahead of busy central bank week SINGAPORE: The dollar firmed on Monday and distanced itself from an eight-month trough ahead of a slew of central... Published 30 Jan, 2023 09:40am
Markets Tokyo shares close flat ahead of earnings season TOKYO: Tokyo shares ended nearly flat Friday, staying in a narrow band throughout the day as investors waited for... Published 30 Jan, 2023 05:56am
Markets PKR: depreciation KARACHI: The rupee depreciated 12.5% during the previous week, but the bulk of the fall came in the last two ... Published 30 Jan, 2023 05:56am
Markets Weekly Cotton Review: Price increases following appreciation in dollar value KARACHI: The rate of cotton witnessed an increase of Rs 1,000 per maund as a result of increase in the rate of... Published 30 Jan, 2023 05:56am
Business & Finance PKR slide likely to fuel inflation in a big way ISLAMABAD: The depreciation of Pak rupee by 13.5 percent by Friday in the interbank rate will raise inflation to 35... Updated 30 Jan, 2023 09:26am
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?