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
Opinion Gross mishandling of the rupee The economically disastrous policy of controlling the interbank rate thereby providing stimulus to the black market,... Published 30 Jan, 2023 05:56am
Print SBP denies USD rate capping caused loss KARACHI: The State Bank of Pakistan (SBP) on Sunday rebutted the claim or reports that capping the price of dollar... Updated 30 Jan, 2023 09:24am
Business & Finance Dollar clings to gains after US data NEW YORK: The dollar clung to modest gains against the euro on Friday after data showed falling US consumer spending... Published 30 Jan, 2023 05:56am
Editorials Conclude 9th review and move ahead EDITORIAL: The finance minister, Ishaq Dar, finally budged from position of keeping the PKR to dollar parity... Published 30 Jan, 2023 05:56am
Markets Gold surges to new peak on back of rupee depreciation, speculation Association chief urges public to stop trading gold until IMF programme resumes Published 28 Jan, 2023 07:05pm
Markets In 2 weeks: Indus Motor increases Toyota car prices again as rupee's fall bites Hikes rates by as much as Rs1.16 million, says economic uncertainties and extreme volatility in rupee value has impacted cost of manufacturing Updated 28 Jan, 2023 03:29pm
Opinion PARTLY FACETIOUS: One of Shakespeare’s great lines “So where is Dar sahib?” “Let the poor guy be.” “Why? I have it on good authority that he talks to Nawaz... Published 28 Jan, 2023 06:20am
Business & Finance ICCI concerned at falling forex reserves ISLAMABAD: The Islamabad Chamber of Commerce and Industry (ICCI)) has shown great concerns over the falling forex... Published 28 Jan, 2023 06:20am
Business & Finance KATI chairman concerned at rupee slide KARACHI: President of Korangi Association of Trade and Industry (KATI) Faraz-ur-Rehman expressed his concern over... Published 28 Jan, 2023 06:20am
Print Tarin raises the alarm about inflation surge LAHORE: Former federal finance minister Shaukat Tarin has said that a steep decline in the value of rupee against ... Updated 28 Jan, 2023 08:55am
Business & Finance Economic mess: embittered Miftah offers ‘solution’ KARACHI: Former finance minister Miftah Ismail Friday said that instead of depreciating the value of the dollar... Published 28 Jan, 2023 06:20am
Markets Analysts weigh in: rupee’s latest depreciation has wider implications, outcomes Experts believe LC issue will be resolved, inflation along with remittances to increase in short term Updated 27 Jan, 2023 07:04pm
Business & Finance Dollar up as data show US economy grew strongly in Q4 NEW YORK: The dollar edged higher against the euro on Thursday after data showed the US economy maintained a strong... Published 27 Jan, 2023 06:15am
Editorials Currencies: criticality of course correction EDITORIAL: Increasing controls on L/Cs along with exchange rate restrictions on the interbank market have only... Published 27 Jan, 2023 06:15am
Markets Copper loses more momentum, with China absent for Lunar New Year LONDON: Copper prices edged lower for a second day on Wednesday, weighed down by weak demand due to the absence of... Published 26 Jan, 2023 05:58am
Markets Gold edges lower from nine-month high NEW YORK: Gold steadied on Wednesday as investors took advantage of a recent surge in prices to lock in profits ... Published 26 Jan, 2023 05:58am
Business & Finance Dollar edges down as traders look to central banks NEW YORK: The dollar edged down against the euro on Wednesday in subdued trading as investors were hesitant to make... Published 26 Jan, 2023 05:58am
Print SBP officials, ECAP leaders discuss USD supply KARACHI: The State Bank of Pakistan (SBP) has assured dollar supply against export of other currencies to exchange... Updated 26 Jan, 2023 10:46am
Markets FCY: how did open market behave after Exchange Companies lifted the price cap All eyes were on the open market of foreign currency on Wednesday after the Exchange Companies (ECs) lifted what... Updated 26 Jan, 2023 03:57am
Markets Dollar edges higher as traders await Fed decision LONDON/SINGAPORE: The dollar ticked up on Wednesday in subdued trading as investors looked towards the Federal... Published 25 Jan, 2023 05:00pm
Opinion Understanding the present crisis Understanding the problem is half the solution. This article spells out the top three problems that constitute the... Updated 25 Jan, 2023 11:04am
Markets Gold eases off nine-month peak as US dollar gains NEW YORK: Gold prices pulled back from a nine-month high on Tuesday due to a slight uptick in the dollar and US bond... Published 25 Jan, 2023 06:25am
Business & Finance Dollar higher NEW YORK: The dollar rose against the euro on Tuesday after data showed US business activity contracting for the... Published 25 Jan, 2023 06:25am
Editorials Policy rate hiked to 17pc: will it work? EDITORIAL: The most critical, albeit baffling, revelation made by the Governor State Bank of Pakistan (SBP) Jameel... Published 25 Jan, 2023 06:25am
Markets Exchange companies set to remove ‘self-imposed price cap’ on open-market dollars Association says it will sell the foreign currency in accordance with demand-supply dynamics Published 24 Jan, 2023 07:46pm
Markets Dollar's rate in interbank market KARACHI: Interbank closing rates for dollar on Monday (January 23, 2023). ======================== Open Bid ... Published 24 Jan, 2023 06:06am
Business & Finance Dollar slips vs euro on ECB rate hike bets NEW YORK: The dollar edged lower against the euro on Monday, as the common currency found support from European... Published 24 Jan, 2023 06:06am
Markets Gold eases as dollar ticks up NEW YORK: Gold prices edged lower on Friday as the dollar firmed, although hopes of slower rate hikes from the US... Published 23 Jan, 2023 08:07am
Business & Finance Dollar climbs against yen as BOJ affirms ultra-easy policy NEW YORK: The dollar soared against the yen on Friday, on track for its largest daily gain in roughly two weeks,... Published 23 Jan, 2023 08:01am
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?