Dollar eases as Powell bump fades NEW YORK: The dollar slipped on Tuesday after a move higher the previous day as comments from U.S. Federal Reserve... Published 23 Mar, 2022 04:58am
Markets Australia, NZ dollars hit pause as bond markets punished SYDNEY: The Australian and New Zealand dollars took a step back on Tuesday as an uber-hawkish outlook for US... Published 22 Mar, 2022 10:16am
Business & Finance Dollar little changed with Powell on deck NEW YORK: The dollar was little changed versus a basket of major currencies on Monday, as investors looked toward... Published 22 Mar, 2022 05:21am
Business & Finance Egyptian pound drops nearly 14pc CAIRO: Egypt’s pound depreciated by almost 14% on Monday after weeks of pressure on the currency as foreign... Published 22 Mar, 2022 05:21am
Business & Finance Swinging rouble stabilises near 104 vs dollar MOSCOW: The Russian rouble swung slightly in light trading in Moscow on Friday, stabilising near the psychologically... Published 19 Mar, 2022 04:42am
Markets Australia, NZ dollars make a comeback as commodities stay high SYDNEY: The Australian and New Zealand dollars were holding hefty weekly gains on Friday as risk sentiment improved... Published 18 Mar, 2022 10:04am
Markets Rupee crosses 180 for first time against USD at close Rising oil prices and high import bills hit the currency hard Updated 18 Mar, 2022 04:48pm
Markets Sterling holds at $1.30 as jobs data fuels rate hike bets LONDON: Sterling rose against the dollar on Tuesday as strong jobs data supported the prospect of a Bank of England... Published 15 Mar, 2022 03:33pm
Markets Yuan slips to 3-month low amid China growth worries, geopolitical risks SHANGHAI: China’s yuan weakened against the dollar on Tuesday, touching a near three-month low, as a resurgence in... Published 15 Mar, 2022 01:23pm
Markets Fed meeting hogs spotlight, yen keeps sliding HONG KONG: The yen remained under pressure on Tuesday and the euro edged higher as talks between Russian and... Published 15 Mar, 2022 01:08pm
Business & Finance Rouble up in Moscow MOSCOW: The Russian rouble edged up in afternoon trade in Moscow on Monday as Ukraine said it had begun “hard”... Updated 15 Mar, 2022 06:34am
Markets Yen falls to new five-year lows; COVID-19 hurts China's yuan LONDON: The dollar index slipped on Monday and the yen hit new five-year lows as global markets experienced some... Published 14 Mar, 2022 07:01pm
Business & Finance Sterling flat versus dollar near 16-month low LONDON: The British pound was little changed against the U.S. dollar on Friday, holding near a 16-month low and on... Published 12 Mar, 2022 04:08am
Markets Rupee registers first gain against US dollar in a week Appreciates 0.07% in inter-bank market on Friday Updated 11 Mar, 2022 08:38pm
Markets Tokyo’s Nikkei index closes up TOKYO: Tokyo’s key Nikkei index closed nearly four percent higher on Thursday, its largest one-day gain in 21... Published 11 Mar, 2022 05:12am
Business & Finance Rouble bounces after Russia, Ukraine talks MOSCOW: The rouble saw a tentative bounce in both Moscow and international FX markets on Thursday after the first... Published 11 Mar, 2022 05:12am
Markets Rupee stays at record low against US dollar as pressure remains Hits 179.2 intra-day before settling unchanged in inter-bank market on Thursday Updated 10 Mar, 2022 07:51pm
Markets Pak rupee drops to new low against US dollar Oil prices, which are a major determinant to the currency parity, rose on Wednesday Updated 09 Mar, 2022 07:31pm
Markets European stocks rebound after four-day selloff European shares bounced on Wednesday, as investors picked up stocks hammered in a recent market selloff, driven by... Published 09 Mar, 2022 02:25pm
Markets South Africa’s rand rises on strong commodity prices JOHANNESBURG: South Africa’s rand rose in early trade on Wednesday, supported by higher commodity prices, but gains... Published 09 Mar, 2022 01:39pm
Markets Australia, NZ dollars give ground, RBA sticks to patient stance SYDNEY: The Australian and New Zealand dollars surrendered some ground on Wednesday amid concerns booming commodity... Published 09 Mar, 2022 09:54am
Markets Unloved euro catches a breath ahead of ECB SINGAPORE: The euro took a breather on Wednesday ahead of this week’s central bank meeting, while commodity... Published 09 Mar, 2022 09:51am
Markets Euro near 22-month lows as Ukraine crisis grips LONDON: The euro was trading near 22-month lows on Tuesday as war in Ukraine darkens Europe’s economic outlook,... Published 08 Mar, 2022 04:02pm
Markets China’s yuan firms as some see safe haven status amid Ukraine crisis SHANGHAI: China’s yuan touched a one-week high against the US dollar on Tuesday, while the trade-weighted yuan index... Published 08 Mar, 2022 01:30pm
Markets South Africa’s rand weaker ahead of GDP data JOHANNESBURG: South Africa’s rand dipped in early trade on Tuesday as concerns over the Russia-Ukraine conflict... Published 08 Mar, 2022 01:10pm
Business & Finance Sterling soars again vs euro, weakens against dollar LONDON: The British pound roared to another 5-1/2 year high versus the euro but dropped to its weakest since ... Published 08 Mar, 2022 05:15am
Markets Sterling soars again vs euro, weakens against dollar LONDON: The British pound roared to another 5-1/2 year high versus the euro but dropped to its weakest since ... Published 07 Mar, 2022 03:24pm
Markets Euro eyes void below parity vs Swiss franc on stagflation shock LONDON: The euro briefly sank below parity versus the Swiss franc for the first time in seven years on Monday and... Updated 07 Mar, 2022 01:31pm
Markets Rupee closes the week with marginal gain against the US dollar Appreciates to 177.5 in inter-bank market on Friday Updated 04 Mar, 2022 08:40pm
Business & Finance Dollar gains on euro as Ukraine crises clouds euro zone outlook NEW YORK: The dollar edged higher against the euro on Wednesday, as investors worried about the impact of an... Published 02 Mar, 2022 08:58pm
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?