Trends - Dollar - Business Recorder

Dollar

Dollar hovers near seven-week high after boost from euro selloff

"The weak dollar trend has also stalled, and the drift down in dollar/yen has been part of that trend and it has lost a bit of momentum."

Published 02 Feb, 2021 12:47pm

PM says dollar inflows to help arrest price hike

ISLAMABAD: Prime Minister Imran Khan has said he is fully aware of the price hike in the country but asked people to...

Published 02 Feb, 2021 04:29am

Markets

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Monday (February 1, 2021). ======================== Bid Rate ...

Published 02 Feb, 2021 04:29am

Business & Finance

Swiss franc tumbles in Europe

LONDON: The Swiss franc fell out of recent trading ranges against the dollar on Monday, dropping to its lowest ...

Updated 02 Feb, 2021 09:43am

Business & Finance

Early trade in New York: Dollar rises on weaker euro, Swiss franc and yen

NEW YORK: The US dollar bounced to a 2-week high on Monday on weakness in the euro, Swiss franc and Japanese yen ...

Published 02 Feb, 2021 04:29am

Business & Finance

Sudanese banks to settle remittances at free market price

CAIRO: Sudan’s central bank has asked commercial banks to begin preparations to use the free market rate to ...

Published 02 Feb, 2021 04:29am

Business & Finance

Sterling rises

LONDON: The British pound rose on Monday to its highest against the euro since May 2020 and came close to recent...

Published 02 Feb, 2021 04:29am

Business & Finance

Turkish lira up 1.5pc to August levels

ISTANBUL: Turkey’s lira rallied 1.5% to its strongest since August on Monday and a risk gauge dropped to close to...

Published 02 Feb, 2021 04:29am

Markets

U.S. dollar rises on weaker euro, Swiss franc and yen

The dollar index was up 0.21pc to 90.815 at mid-morning in New York, while the euro was off 0.36pc to $1.209.

Published 02 Feb, 2021 01:00am

Markets

Nigeria naira drops to record intra-day low on spot market

It traded at 480 naira on the black market on Monday, 20% weaker than the official rate of 381 naira set in July and backed by the central bank.

Published 02 Feb, 2021 12:53am

Markets

British vaccines push pound to highest since May against euro

Britain, where some 9 million people have been given their first dose of a vaccine, said it expected its supply of COVID-19 shots would not be interrupted.

Updated 02 Feb, 2021 09:44am

Markets

Swiss franc drops to 2-month low, dollar bounces to 2-week high

The Japanese yen weakened to a fresh 11-week low of 104.95 yen per dollar.
The Swiss franc broke lower from recent ranges to drop more than half a percent to its lowest against the buck since Dec. 2, at 0.8964 francs per dollar.

Published 01 Feb, 2021 07:14pm

Markets

Lira hits 5-month high on manufacturing boost, stocks recover

Data showed Russia's manufacturing activity returned to growth in January.

Published 01 Feb, 2021 02:58pm

Markets

Sterling strengthens on vaccine optimism, approaches 3-year high

"It could open the door to further GBP gains, lifting cable closer to 1.4000 and EUR/GBP towards the mid-0.8000's."

Published 01 Feb, 2021 02:55pm

Markets

State Bank of Pakistan conversion rates

KARACHI: Rates applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates,...