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Dollar

Dollar falls back from 3-1/2 month highs as yields stabilise

Dollar index off 3-1/2 month highs.
Eyes on Treasury auctions, Fed meeting.
Risk currencies rise.

Updated 09 Mar, 2021 09:30pm

Markets

Yuan swings sharply higher on heavy dollar selling, PBOC remarks

"In general, we believe the yuan will remains strong against the dollar this year, but the size of appreciation won't be as huge as last year," Wang said.

Published 09 Mar, 2021 12:53pm

Markets

Oil prices rise on expected economic recovery, likely drawdown in oil stocks

US crude oil and refined product stockpiles likely fell last week, with distillate inventories seen drawing down for fifth straight week, a preliminary Reuters poll showed on Monday.

Published 09 Mar, 2021 10:47am

Markets

C$ dips as short-covering propels greenback broadly higher

Besides the greenback, the only other G10 currency to gain ground against the Canadian dollar on Monday was the Norwegian crown .

Published 09 Mar, 2021 10:13am

Business & Finance

Dollar climbs in Europe

LONDON: The US dollar hit a 3-1/2 month high on Monday as rising US Treasury yields spooked investors and boosted ...

Updated 09 Mar, 2021 09:36am

Business & Finance

Early trade in New York: Dollar hits 3-1/2 month high

NEW YORK: The US dollar hit a 3-1/2 month high on Monday as elevated US Treasury yields spooked investors and ...

Updated 09 Mar, 2021 09:36am

Pakistan

Rupee gains 5 paisas against dollar

Buying and selling rates of dollar were recorded at Rs157 and Rs157.9 respectively.

Published 08 Mar, 2021 07:04pm

Markets

Dollar perched at 3-1/2 month highs on firmer US yields

After falling 4% in the last quarter of 2020, the dollar has strengthened by nearly 2.5% year-to-date as investors expect the broad rise in US bond yields to weigh on stretched equity valuations and boost demand for the US currency.
The dollar index stood at 92.30 against a basket of six major currencies, up 0.4%, its highest level since late-November.

Published 08 Mar, 2021 06:27pm

Markets

Yuan gives back this year's gains as dollar strength prompts revised forecasts

Wang Ju, a senior FX strategist at HSBC, also expected the yuan to weaken from current levels.

Published 08 Mar, 2021 02:25pm

Markets

Tokyo stocks open higher on US jobs data

Banks were also higher, with Mitsubishi UFJ Financial rallying 4.67 percent to 591.4 yen and Sumitomo Mitsui Financial rising 3.03 percent to 3,947 yen.

Published 08 Mar, 2021 11:20am

Markets

Dollar falls against commodity currencies but holds gains versus yen

Speculators cut their net short dollar positions in the latest week to $27.80 billion, which is the smallest short position since Dec. 15 and suggests that dollar bears are giving up on betting against the greenback.

Published 08 Mar, 2021 10:23am

Business & Finance

Central, eastern currencies fall to weakest levels this year

WARSAW/BUDAPEST: Central and eastern European currencies fell to their weakest levels so far this year on Friday, as...

Published 06 Mar, 2021 05:01am

Business & Finance

Early trade in New York: Dollar jumps on jobs improvement

NEW YORK: The dollar jumped on Friday after data showed jobs growth beat expectations in February, backing up the...

Published 06 Mar, 2021 05:01am

Business & Finance

Russian rouble recovers

MOSCOW: The Russian rouble firmed on Friday, buoyed by rising oil prices after a late sell-off on Thursday over ...

Published 06 Mar, 2021 05:01am

Business & Finance

Dollar gains across the board in Europe

LONDON: The dollar rose to multi-month highs against the euro, yen and Swiss franc on Friday after Federal Reserve...

Published 06 Mar, 2021 05:01am

Markets

Dollar jumps as US jobs growth beats expectations

The jobs improvement came amid falling new COVID-19 cases, quickening vaccination rates and additional pandemic relief money from the government, putting the labor market recovery back on firmer footing and on course for further gains in the months ahead.
"This is a rather impressive nonfarm payroll report," said Edward Moya, senior market analyst at OANDA in New York.

Published 05 Mar, 2021 08:26pm

Markets

Dollar hits three-month highs as Fed's Powell sticks to script

The franc weakened as far as 0.9297, the lowest since July 23. The yen reached 107.93, its weakest since July 1.

Published 05 Mar, 2021 10:33am

Markets

Dollar ascendant as Powell sticks to script; risk currencies slide

The Aussie weakened 0.3% to $0.7705, extending Thursday's 0.7% drop. The kiwi fell 0.2%, adding to its 0.8% slide overnight.

Published 05 Mar, 2021 10:29am

Markets

Raw sugar recovers

LONDON: Raw sugar prices on ICE recovered on Thursday after hitting a one-month low as the dollar held strong and...

Published 05 Mar, 2021 05:17am

Telecom sector: Universal service subsidy requirement offsets fiscal revenues: WB

ISLAMABAD: The universal service subsidy requirement of telecom sector in Pakistan entirely offsets the fiscal...

Updated 05 Mar, 2021 10:38am

Business & Finance

Early trade in New York: Dollar pares gains before Powell speaks

NEW YORK: The dollar pared earlier gains on Thursday before an appearance by Federal Reserve Chairman Jerome Powell...

Updated 05 Mar, 2021 09:36am

Markets

Dollar pares gains before Fed's Powell speaks

"The US is assuming the leadership position on growth matters, fiscal dominance and certainly vaccinations," said Mazen Issa, senior FX strategist at TD Securities in New York.
The dollar index was little changed on the day at 91.094, after earlier rising to 91.223. The euro dipped 0.19% to $1.2039.

Updated 04 Mar, 2021 09:51pm

Pakistan

Rupee loses 2 paisas against dollar

Buying and selling rates of dollar were recorded at Rs157.1 and Rs158.9 respectively.

Published 04 Mar, 2021 07:16pm

Markets

Dollar gains with yields, US growth seen likely to outperform

The yen could reach support at 106.11 to 106.22, or even continue further to the 105.33-105.44 area, Citi said.

Published 04 Mar, 2021 10:23am

Markets

Canadian dollar clings to this week's gains as oil climbs

The US dollar rose against a basket of major currencies as investors priced for strong US growth relative to other regions.

Published 04 Mar, 2021 10:21am

Markets

Dollar bides time, looks to Powell for inspiration

In the cryptocurrency market, bitcoin rose 2.38% to $51,593, while rival digital currency ether added 3.31% to $1,621.

Published 04 Mar, 2021 10:15am

Markets

Sterling steadies

LONDON: Sterling steadied against the dollar on Wednesday and gained against the euro after the announcement of an...

Published 04 Mar, 2021 04:58am

Markets

US MIDDAY: Gold slides to 9-month low

NEW YORK: Gold slid more than 2% to its lowest in nearly nine months on Wednesday as elevated US Treasury yields and...

Published 04 Mar, 2021 04:58am

Business & Finance

Syrian pound hits new low

AMMAN: The Syrian pound fell to a record low on the black market on Wednesday, hit by the ripple effect of currency...

Updated 04 Mar, 2021 09:33am

Business & Finance

Early trade in New York: Dollar gains as US growth seen likely to outperform

NEW YORK: The dollar gained on Wednesday as investors priced for strong US growth relative to other regions, while...

Updated 04 Mar, 2021 09:33am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 19	278.45
USD PKR Interbank Buying / Apr 19	278.15
USD to Japanese Yen / Apr 19	154.37
USD to Swiss Franc / Apr 19	0.91
Pound Sterling to USD / Apr 19	1.24
Euro to USD / Apr 19	1.06

Stock	Volume
S&P 500 / Apr 18	5011.12
Nasdaq / Apr 18	15601.50
Dow Jones / Apr 18	37775.38
India Sensex / Apr 19	72222.48
Tokyo Nikkei / Apr 19	37068.35
Hang Seng / Apr 19	16205.02
FTSE 100 / Apr 19	7834.89
Germany DAX 30 / Apr 19	17717.67

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 18	21735
Gold 10 Grams PKR / Apr 18	214077
Petrol/Litre / Apr 19	293.94
Crude Oil USD/Barrel / Apr 19	84.27
Gold Spot USD/Ounce / Apr 19	2382.04
Diesel/Litre / Apr 19	290.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 19 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 19 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 19 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 19 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 19 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 19 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 19 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 19 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 19 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 19 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 19 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 19 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 19 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 19 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 19 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 19 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 19 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 19 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 19 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 19 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 19 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 19 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 19 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 19 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 19 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 19 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 19 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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