Dollar retreats as rate hike bets ease NEW YORK: The US dollar eased against a basket of currencies on Monday, retreating from the two-decade high hit last... Published 19 Jul, 2022 06:00am
Markets Dollar retreats as rate hike bets ease NEW YORK: The US dollar eased against a basket of currencies on Monday, retreating from the two-decade high hit last... Updated 18 Jul, 2022 07:15pm
Business & Finance What’s next for the euro after slump against dollar? LONDON: The euro’s plunge against the dollar, triggered by the Ukraine war and mounting risks to the EU economy,... Published 18 Jul, 2022 06:22am
Life & Style American tourists splurge in Paris boutiques as euro slides PARIS: American tourist Shawna Wilson says she has splashed out on four dresses at the high-end LVMH-owned ... Published 16 Jul, 2022 03:59pm
Markets Back to losing ways: Rupee closes near 211 against US dollar after 0.55% fall Pressure of import payments and strengthening of dollar cause currency depreciation Updated 15 Jul, 2022 05:13pm
Business & Finance Yuan eases amid broad dollar strength SHANGHAI: China’s yuan eased on Thursday, reflecting the broad strength of the dollar after the US inflation... Published 15 Jul, 2022 06:20am
Markets Industrial metals tumble as dollar rises and growth slows LONDON: Industrial metals prices fell sharply on Thursday as markets braced for rapid interest rate rises that will... Published 15 Jul, 2022 06:20am
Business & Finance Rouble firms towards 58 vs dollar, euro MOSCOW: The Russian rouble firmed slightly towards 58 to the dollar and the euro on Thursday, lacking momentum but... Published 15 Jul, 2022 06:20am
Markets Dollar climbs further pinning euro, yen at multi-decade lows LONDON: The dollar resumed its relentless rise on Thursday, charting new 24-year highs against the yen and pinning... Updated 14 Jul, 2022 02:14pm
Business & Finance Sterling rallies as dollar sellers emerge LONDON: The British pound rose on Wednesday, helped by a broadly weaker dollar and after data showed the UK economy... Published 14 Jul, 2022 05:00am
Markets Rouble firms past 59 to dollar, euro; Petropavlovsk shares slide MOSCOW: The rouble strengthened past 59 against both the dollar and the euro in volatile trade on Tuesday, supported... Published 12 Jul, 2022 05:02pm
Markets Euro comes a whisker off parity vs dollar, at new 20-year low LONDON: The euro fell on Tuesday, almost touching parity with the dollar, a threshold not crossed for two decades,... Updated 12 Jul, 2022 05:30pm
Markets Copper bounces on China stimulus hopes LONDON: News of possible stimulus in China pushed copper prices up sharply on Thursday from the previous day’s... Published 08 Jul, 2022 05:36am
Markets Gold attempts rebound as dollar stalls ascent LONDON: Gold rose on Thursday as a pause in the dollar’s rally encouraged some investors to snap up bargains after... Published 08 Jul, 2022 05:36am
Business & Finance Sterling enjoys a small lift as Boris Johnson quits LONDON: Sterling held on to its gains on Thursday after Boris Johnson said he was quitting as prime minister... Published 08 Jul, 2022 05:36am
Pakistan Speculators driving dollar value upwards: Shaukat Tarin Former finance minister says currency, based on REER, should not be over Rs185 per dollar Criticises govt for not securing fuel shipments and resorting to load-shedding Updated 07 Jul, 2022 08:30pm
Business & Finance Sterling at 2-year low against dollar as Boris Johnson hangs on LONDON: Britain’s pound hit a more than two-year low against the dollar on Wednesday as Prime Minister Boris... Published 07 Jul, 2022 05:35am
Markets Dollar rules as recession fears hit euro, pound under fire SINGAPORE/HONG KONG: The dollar stood tall on Wednesday, holding at a 20-year peak against the euro and multi-month... Published 06 Jul, 2022 09:44am
Business & Finance Tumbling rouble hits 62 vs dollar, Rusal shares leap on merger talk MOSCOW: The rouble tumbled to its lowest in more than a month on Tuesday, past 62 to the dollar on Tuesday and at ... Published 06 Jul, 2022 05:35am
Markets SBP-held foreign exchange reserves go over $10bn after Chinese loan Total liquid foreign reserves held by the country stood at $16.2bn as of Jun 24, says central bank Published 30 Jun, 2022 07:53pm
Markets Dollar buoyed by safe-haven status as investors sweat over recession risks TOKYO: The dollar edged higher on Wednesday, keeping its index against major peers nestled below a two-decade high... Published 29 Jun, 2022 11:48am
Markets Equity market losses driven by recession, inflation fears HONG KONG: Fears of a recession caused by sharp interest rate hikes aimed at fighting soaring inflation sent Asian... Updated 29 Jun, 2022 01:32pm
Business & Finance Sterling falls against euro LONDON: Sterling fell versus the euro on Monday and flattened against the dollar amid more post-Brexit tensions and... Published 28 Jun, 2022 06:10am
Markets Japanese rubber futures firm SINGAPORE: Japanese rubber futures were steady on Friday, as concerns over higher domestic inflation offset hopes of... Published 26 Jun, 2022 05:44am
Opinion Conserve energy at all cost Although there exists no scientific survey or research work to find out how three hikes in the prices of petroleum... Published 25 Jun, 2022 04:42am
Markets Gold edges higher as dollar slips, rate hike fears linger Gold edged up on Friday as the dollar retreated and recession fears buoyed its safe-haven appeal, but looming... Published 25 Jun, 2022 12:21am
Business & Finance Euro slumps after bleak PMIs, dollar drops vs yen LONDON/NEW YORK: The euro fell across the board on Thursday as weaker-than-expected German and French PMI data... Published 24 Jun, 2022 06:15am
Business & Finance Rouble weakens vs dollar MOSCOW: The Russian rouble weakened against the dollar on Thursday but hovered not far from seven-year highs,... Published 24 Jun, 2022 06:15am
Business & Finance Dollar slips as global growth worries fester NEW YORK/LONDON: The dollar eased against the euro and yen on Wednesday as concerns mounted that interest rate hikes... Published 23 Jun, 2022 06:05am
Business & Finance Russian rouble firms to 7-year high past 53 vs dollar in Moscow trade MOSCOW: The rouble jumped on Wednesday to its strongest mark in seven years against the dollar and euro, supported ... Published 23 Jun, 2022 06:05am
