ECB bets boost euro, dollar loses ground TOKYO/HONG KONG: The euro climbed past parity against a softening dollar on Tuesday, ahead of German inflation that... Published 30 Aug, 2022 02:53pm
Markets Open market rates of foreign currencies KARACHI: Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Monday (August 29,... Published 30 Aug, 2022 06:21am
Business & Finance Dollar touches 20-year high, but kept in check by euro, as rates in focus NEW YORK: The dollar touched a fresh 20-year high on Monday, fuelled by hawkish comments by Federal Reserve Chair... Published 30 Aug, 2022 06:21am
Business & Finance Dollar rebounds as Powell commits to fighting inflation NEW YORK: The dollar index gained on Friday after Federal Reserve Chair Jerome Powell adopted a hawkish tone to... Published 29 Aug, 2022 05:44am
Markets Open market rates of foreign currencies KARACHI: Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Thursday (August... Published 26 Aug, 2022 05:35am
Markets Currency values in terms of Special Drawing Rights WASHINGTON: The International Monetary Fund (IMF), treasuries' department's currency values in terms of Special... Published 26 Aug, 2022 05:35am
Business & Finance Sterling rises 0.5pc LONDON: Sterling recouped some losses against the dollar on Thursday but was still languishing near a 2-1/2 year low... Published 26 Aug, 2022 05:35am
Business & Finance Dollar edges lower as investors wait on Fed’s Powell NEW YORK: The dollar index and the euro both slipped on Thursday in choppy trading as investors waited on a speech ... Published 26 Aug, 2022 05:35am
Markets Euro bounces back above parity as investor sentiment improves LONDON: The euro rebounded back above parity with the dollar on Thursday as the US currency’s recent rally ran out... Published 25 Aug, 2022 01:18pm
Markets Currency values in terms of Special Drawing Rights WASHINGTON: The International Monetary Fund (IMF), treasuries' department's currency values in terms of Special... Published 25 Aug, 2022 06:08am
Markets Open market rates of foreign currencies KARACHI: Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Wednesday (August... Published 25 Aug, 2022 06:08am
Business & Finance Dollar gains, Fed’s Powell expected to remain hawkish NEW YORK: The dollar gained against a basket of currencies on Wednesday, holding near a 20-year high as investors... Published 25 Aug, 2022 06:08am
Markets Euro slips towards two-decade low as high gas prices adds to growth fears LONDON: The euro was within a whisker of a two-decade low on Wednesday amid growing recession fears fuelled by a... Published 24 Aug, 2022 05:33pm
Markets ECB’s Rehn sees several benefits to possible digital euro HELSINKI: A possible digital euro currency, which the European Central Bank is studying, could have several benefits... Published 24 Aug, 2022 01:46pm
Markets Open market rates of foreign currencies KARACHI: Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Tuesday (August ... Published 24 Aug, 2022 05:08am
Business & Finance Sterling slightly up versus dollar LONDON: Sterling was slightly higher against the dollar on Tuesday after Purchasing Managers’ index (PMI) data ... Published 24 Aug, 2022 05:08am
Business & Finance Rouble steadies, Yandex shares outperform MOSCOW: The Russian rouble firmed slightly on Tuesday after initially easing beyond 60 against the dollar, while... Published 24 Aug, 2022 05:08am
Markets Gas crisis sends euro back below parity against dollar LONDON: The euro briefly fell back below parity against a robust dollar on Monday and was languishing at five-week... Updated 22 Aug, 2022 05:28pm
Business & Finance Russian rouble nears 4-week high versus dollar, euro MOSCOW: The rouble strengthened to a near four-week high against the dollar and euro on Friday, supported by... Published 22 Aug, 2022 06:33am
Markets Euro, sterling slip to month low on renewed growth fears LONDON: The euro and sterling slipped to a one-month low versus the safe-haven US dollar on Friday with investors... Published 19 Aug, 2022 03:01pm
Markets Open market rates of foreign currencies KARACHI: Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Thursday (August... Published 19 Aug, 2022 05:57am
Markets Currency values in terms of Special Drawing Rights WASHINGTON: The International Monetary Fund (IMF), treasuries' department's currency values in terms of Special... Published 19 Aug, 2022 05:57am
Business & Finance Russian rouble leaps to more than 3-week high near 59 vs dollar MOSCOW: The rouble surged to more than three-week highs on Thursday against the dollar and euro and Russian stocks... Published 19 Aug, 2022 05:57am
Markets Dollar firm as Fed digs in for protracted inflation fight SINGAPORE: The dollar was on the front foot on Thursday after minutes from the Federal Reserve’s July meeting... Published 18 Aug, 2022 11:14am
Markets US dollar holds gains ahead of Fed minutes LONDON: The dollar held onto gains against other major currencies on Wednesday, ahead of the release of minutes of... Published 17 Aug, 2022 03:56pm
Markets Major currencies hold steady ahead of Fed minutes, RBNZ HONG KONG: Major currencies were holding steady on Wednesday, ahead of another day when central bank policy takes... Published 17 Aug, 2022 10:07am
Business & Finance Dollar gains, euro recovers earlier losses NEW YORK: The dollar gained on Tuesday as it benefited from expectations that the US economy will be stronger than... Published 17 Aug, 2022 06:07am
Business & Finance Dollar extends declines as traders pull back rate hike bets NEW YORK: The dollar extended its losses against other major currencies on Thursday, a day after a report showed US... Published 12 Aug, 2022 05:44am
Business & Finance Germany plans 10bn euro inflation relief tax package BERLIN: Germany will offer tax relief worth 10 billion euros ($10.2 billion) to help workers cope with soaring... Published 11 Aug, 2022 04:35am
Markets China’s yuan subdued despite strong exports, yield gap widens SHANGHAI: China’s yuan was largely flat on Monday, with support from strong export data over the weekend countered... Published 08 Aug, 2022 03:00pm