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
Business & Finance Pound rises vs dollar LONDON: The pound rose against a weakening dollar but fell versus the euro on Tuesday, with an equity rally helping... Published 22 Jun, 2022 05:58am
Business & Finance Russian rouble hits near 7-year high vs dollar MOSCOW: The Russian rouble surged on Monday to a near seven-year high against the dollar on Moscow Exchange,... Published 21 Jun, 2022 05:51am
Markets Dollar towers over peers as markets bet on large Fed rate hike HONG KONG: The dollar held near its overnight 20-year peak on Wednesday ahead of the outcome of the Federal Reserve... Published 15 Jun, 2022 09:52am
Business & Finance China’s yuan recovers SHANGHAI: China’s yuan bounced from a one-month low against the dollar on Tuesday, as corporate clients rushed to... Published 15 Jun, 2022 05:47am
Business & Finance Sterling tumbles more than 1pc vs dollar LONDON: Sterling fell by more than 1% on Friday and was set for a second consecutive week of declines against the US... Published 13 Jun, 2022 06:19am
Business & Finance Dollar up as hot US inflation data backs case for Fed rate hikes NEW YORK: The dollar rose to a near four-week high against a basket of currencies on Friday, after data showed US... Published 11 Jun, 2022 06:08am
Markets Pakistan's rupee falls another 1.07%, closes over 200 against US dollar Reports suggest pressure due to oil payments reason for latest decline Updated 06 Jun, 2022 07:04pm
Markets Dollar wavers as traders await US jobs update SINGAPORE: The dollar wobbled toward its first steady week in three on Friday as traders looked to US jobs data... Published 03 Jun, 2022 09:52am
Markets Fifth day of gain: Rupee appreciates to 197.59 against US dollar Expectation of resumption of IMF bailout improves sentiment in money market Updated 02 Jun, 2022 07:46pm
Markets US MIDDAY: Gold rises NEW YORK: Gold prices rose from a two-week low on Wednesday as investors looked toward the safe-haven metal amid... Published 02 Jun, 2022 06:19am
Markets Japan rubber futures rise SINGAPORE: Japanese rubber futures climbed on Wednesday, tracking gains in Shanghai futures and the Nikkei share... Published 02 Jun, 2022 06:19am
Business & Finance Sterling falls against dollar amid concerns over UK economy LONDON: Sterling fell against a strengthening dollar on Wednesday, with investors concerned about a deteriorating UK... Published 02 Jun, 2022 06:19am
Business & Finance Japan remains top creditor nation TOKYO: Japan’s net external assets hit a record 411 trillion yen ($3.24 trillion) in 2021, to retain its position... Published 28 May, 2022 05:11am
Markets China’s yuan firms in volatile trade, economic slowdown concerns linger SHANGHAI: China’s yuan firmed against a weakening dollar on Friday, after swinging sharply between gains and losses,... Published 27 May, 2022 10:20am
Business & Finance Dollar eases as traders scale back bets on Fed tightening NEW YORK: The US dollar dipped on Thursday after minutes from the Federal Reserve’s May meeting pointed to... Published 27 May, 2022 05:50am
Markets Against USD: Rupee recovers from intra-day low, closes marginally weaker at 202.01 This is the currency's 16th successive fall in the inter-bank market Updated 26 May, 2022 06:23pm
Markets Dollar hovers near one-month low as Fed minutes lack surprise TOKYO: The safe-haven dollar hovered near a one-month low on Thursday amid improving risk appetite after minutes of... Published 26 May, 2022 09:58am
Business & Finance Sterling up vs euro, flat vs dollar LONDON: Sterling was flat against the dollar and rose against the euro on Wednesday, having briefly lost ground... Published 26 May, 2022 05:26am
Markets Dollar off 1-month low, kiwi cedes post-rate hike gain LONDON: The US dollar snapped a two-day losing streak on Wednesday as Treasury yields paused recent falls, its gain... Published 25 May, 2022 02:25pm
Markets Kiwi soars on hawkish RBNZ, greenback bounces from 1-month low TOKYO: The New Zealand dollar traded an early decline for a big gain on Wednesday after a hawkish tilt from the... Published 25 May, 2022 09:27am
Business & Finance Dollar slides to 1-month low as Lagarde comments boost euro NEW YORK: The US dollar index hit a nearly one-month low on Tuesday after European Central Bank President Christine... Published 25 May, 2022 04:40am
Markets Safe-haven dollar bounces, Aussie slides as Snapchat sours mood TOKYO: The safe-haven dollar clawed back some of its overnight losses on Tuesday and the yen also strengthened as US... Published 24 May, 2022 09:39am
Markets Dollar wobbles lower as China growth hopes lift Aussie SINGAPORE: The dollar began the week on the back foot, following its first weekly loss in nearly two months, as... Published 23 May, 2022 10:48am
Business & Finance LCCI urges govt to take measures to arrest dollar flight LAHORE: The Lahore Chamber of Commerce and Industry Friday urged the government to take immediate measures to arrest... Published 21 May, 2022 04:34am
Business & Finance Russian rouble firms past 62 vs dollar MOSCOW: The Russian rouble firmed past 62 against the dollar on Thursday, propped up by capital controls as well as... Published 20 May, 2022 05:15am
Markets SBP-held foreign exchange reserves plummet by $145mn to $10.16bn Total liquid foreign reserves stood at $16.16 billion as of May 13 Published 19 May, 2022 10:00pm
Business & Finance PYMA concerned over depreciation of PKR KARACHI: Saqib Naseem, Chairman Pakistan Yarn Merchants Association (PYMA), Muhammad Junaid Teli, Vice Chairman, ... Published 19 May, 2022 05:29am
Markets Rouble gains vs dollar, euro as possible Russia default looms The Russian rouble pared early losses to gain against the dollar on Wednesday and headed back towards a five-year... Published 18 May, 2022 06:06pm
Business & Finance Currency's collapse continues: Rupee closes at 198.39 in inter-bank market, crosses 200 in open Cumulative fall in inter-bank market hits 11% in less than 5 months Updated 18 May, 2022 05:55pm