South Africa’s rand slumps after Fed hike, stocks drop JOHANNESBURG: South Africa’s rand slumped by close to 4% on Thursday, one of is biggest single day losses in over... Published 06 May, 2022 05:03am
Markets Dollar bounces, sterling tumbles on dovish BoE NEW YORK: The dollar rebounded on Thursday but held below 20-year highs reached last week, a day after the Federal... Published 05 May, 2022 09:31pm
Markets Dollar recoils as Fed douses hawkish SINGAPORE: The dollar fell against Asian currencies on Thursday and was nursing its sharpest fall in more than a... Published 05 May, 2022 12:59pm
Markets Rouble jumps to around 2-year high vs dollar, euro as EU ups sanctions The Russian rouble jumped on Wednesday to around a two-year high against both the dollar and the euro, retaining the... Published 04 May, 2022 09:05pm
Business & Finance Asian currencies firm ahead of Fed decision; firmer oil saps appetite Most Asian currencies rose in thin trading on Wednesday, amid caution ahead of the outcome of a U.S. central bank... Published 04 May, 2022 01:43pm
Markets Euro holds near five-year low as potential Fed hike nears LONDON: The euro held close to a five-year low against the U.S. dollar on Tuesday with the Federal Reserve expected... Published 03 May, 2022 07:59pm
Markets Kerb buying and selling rate of US dollar KARACHI: Dollar buying and selling rate in the kerb market in rupees on Friday (April 29, 2022).... Published 30 Apr, 2022 05:53am
Markets Gold jumps on dollar pullback LONDON: Gold prices jumped more than a 1% on Friday, boosted by a pullback in the dollar, although bullion was ... Published 30 Apr, 2022 05:53am
Markets Copper climbs on China support but Covid clouds demand outlook LONDON: Copper prices rebounded on Friday after top metals consumer China pledged more support for its ailing ... Published 30 Apr, 2022 05:53am
Markets Sterling set for biggest monthly drop LONDON: Sterling rose against the dollar on Friday but was still set for its sharpest monthly drop since October... Published 30 Apr, 2022 05:53am
Business & Finance Dollar on track for best month since 2015 NEW YORK: The dollar slipped from 20-year highs against a basket of currencies on Friday but remained on track for... Published 30 Apr, 2022 05:53am
Business & Finance Dollar hits 20-yr high as yen tumbles on dovish BoJ NEW YORK: The dollar hit a 20-year high against rivals on Thursday as the Bank of Japan doubled-down on its dovish... Published 29 Apr, 2022 05:43am
Business & Finance Dollar hits five-year high, growth concerns dent euro NEW YORK: The dollar hit a five-year high on Wednesday before the Federal Reserve next week is expected to hike... Published 28 Apr, 2022 05:37am
Markets Dollar hits five-year high, growth concerns dent euro NEW YORK: The dollar hit a five-year high on Wednesday before the Federal Reserve next week is expected to hike... Published 27 Apr, 2022 08:17pm
Markets Sterling edges up from 21-month low vs dollar Sterling edged up from a new 21-month low against the dollar hit earlier on Wednesday after Britain’s weak economic... Published 27 Apr, 2022 05:35pm
Markets Euro falls below $1.06 for first time in five years LONDON: The euro fell below $1.06 for the first time in five years against a broadly strong US dollar on Wednesday... Published 27 Apr, 2022 02:59pm
Business & Finance Dollar jumps on China growth fears, yen rebounds NEW YORK: The dollar hit a two-year high on Tuesday as concerns about slowing growth in China and expectations that... Published 27 Apr, 2022 05:19am
Business & Finance Rouble hits more than 2-year high vs euro MOSCOW: The Russian rouble clipped a more than two-year high against the euro in early trade on Tuesday before... Published 27 Apr, 2022 05:19am
Business & Finance Sterling falls to 21-month low vs dollar LONDON: Sterling held near its lowest levels since 2020 on Tuesday against a broadly firm dollar, with worries about... Published 27 Apr, 2022 05:19am
Markets Dullness persists on cotton market LAHORE: The local cotton market on Tuesday remained dull while the trading volume remained low. Cotton Analyst ... Published 27 Apr, 2022 05:19am
Markets Dollar ascends on China COVID fears, Fed rate hike pace HONG KONG: The dollar climbed to around a two-year high against the euro and an 18-month high versus the pound as... Published 26 Apr, 2022 09:31am
Markets Thar coal deposits can help country overcome energy crisis: economist LAHORE: A total of 175 billion tonnes of coal deposits in Thar can easily make the country self-sufficient in energy... Published 26 Apr, 2022 05:20am
Business & Finance Sterling falls to lowest level since Sep 2020 vs dollar LONDON: Sterling fell on Monday to its lowest level since September 2020 against a strengthening dollar, while money... Published 26 Apr, 2022 05:20am
Opinion Dollar’s rally may be nearing ‘tipping point’ as Fed readies big hikes A months-long rally in the dollar may be reaching its peak as the Federal Reserve gears up to deploy more interest... Published 23 Apr, 2022 04:45am
Business & Finance LCCI says rupee slide could fuel inflation, dampen growth LAHORE: The Lahore Chamber of Commerce and Industry (LCCI) on Friday feared that the dollar surge could reignite ... Published 23 Apr, 2022 04:45am
Markets Pound slides to 18-month dollar low on weak UK data LONDON: The pound slumped more than one percent against the dollar Friday after official data showed tumbling retail... Published 22 Apr, 2022 03:21pm
Markets Dollar stands tall as Fed eyes fast hikes SINGAPORE: The dollar rose broadly on Friday as higher US yields hoisted it towards a seventh consecutive weekly... Published 22 Apr, 2022 11:17am
Markets Tech shares help Japan’s Nikkei post highest close in more than 2 weeks TOKYO: Japan’s Nikkei rose on Thursday to its highest close in more than two weeks, driven by technology... Published 22 Apr, 2022 05:36am
Business & Finance Sterling falls against euro, flat versus dollar LONDON: Sterling fell against a strengthening euro while it was flat versus the dollar. Hawkish comments amplified... Published 22 Apr, 2022 05:36am
Markets Sterling falls to a 10-day low versus euro, flat against dollar Sterling fell to a 10-day low against a strengthening euro, with investors staying focused on the respective future... Published 21 Apr, 2022 03:21pm