Rouble firms past 59 to dollar, euro; Petropavlovsk shares slide MOSCOW: The rouble strengthened past 59 against both the dollar and the euro in volatile trade on Tuesday, supported... Published 12 Jul, 2022 05:02pm
Markets Euro comes a whisker off parity vs dollar, at new 20-year low LONDON: The euro fell on Tuesday, almost touching parity with the dollar, a threshold not crossed for two decades,... Updated 12 Jul, 2022 05:30pm
Markets Euro flirts with parity as Russian gas link enters planned shutdown LONDON: The euro held above parity versus the dollar on Monday as the biggest single pipeline carrying Russian gas... Published 11 Jul, 2022 03:22pm
Markets Euro slides under $1.01 as closes in on parity LONDON: The euro neared parity with the dollar on Friday, as traders bet on the prospect of a eurozone recession... Published 08 Jul, 2022 02:39pm
Markets Euro on thin ice ahead of US labour data SINGAPORE: The euro was pinned at a 20-year low on Friday, licking its wounds at the end of its worst week in two... Published 08 Jul, 2022 11:26am
Business & Finance Dollar mostly flat as traders await key US data NEW YORK: The dollar traded little changed against the euro and other trading currencies on Thursday, though ... Published 08 Jul, 2022 08:25am
Markets Open market rates of foreign currencies KARACHI: Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Thursday (July 07,... Published 08 Jul, 2022 05:36am
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 08 Jul, 2022 05:36am
Opinion Euro’s 20-year low leaves ECB facing costly choices The euro’s tumble towards parity against the dollar has pushed the European Central Bank back against a wall,... Published 08 Jul, 2022 05:36am
Business & Finance Australian dollar gets some reprieve from record trade data SYDNEY: The Australian and New Zealand dollars hovered near multi-year lows on Thursday, having been shoved around ... Published 08 Jul, 2022 05:36am
Markets Euro hovers near 20-year low on recession worries TOKYO: The euro hovered near a two-decade low against the dollar on Thursday as Europe’s energy woes cast a long... Published 07 Jul, 2022 09:01am
Markets Euro just off two-decade low on concerns over energy prices The euro was just off its lowest in almost two decades against the dollar as concerns about the impact of surging... Published 06 Jul, 2022 12:48pm
Markets Dollar rules as recession fears hit euro, pound under fire SINGAPORE/HONG KONG: The dollar stood tall on Wednesday, holding at a 20-year peak against the euro and multi-month... Published 06 Jul, 2022 09:44am
Business & Finance Euro slumps to two-decade low as recession fears grow NEW YORK/LONDON: The euro slumped to a two-decade low on Tuesday as the latest surge in European gas prices added to... Published 06 Jul, 2022 05:35am
Markets Euro slumps to two-decade low as recession fears bite LONDON: The euro slumped to a two-decade low on Tuesday as the latest surge in European gas prices added to worries... Published 05 Jul, 2022 02:45pm
Business & Finance Improved risk sentiment lifts euro, sterling LONDON The euro and sterling rose on Monday against safe-haven currencies, supported by improved global risk... Published 05 Jul, 2022 05:19am
Markets Safe-haven demand pins euro near a five-year low LONDON: The euro flattened on Monday, staying near a five-year low against the US dollar, as investors sought safety... Published 04 Jul, 2022 02:19pm
Markets Dollar holds firm as growth fears stalk markets SINGAPORE: The dollar kept trade-sensitive currencies pinned near multi-year lows on Monday and the euro was under... Published 04 Jul, 2022 10:04am
Print Apparel exporters demand govt freeze ‘dollar, euro exchange rates’ KARACHI: Apparel textile makers-cum-exporters have demanded of the federal government to freeze the dollar and euro... Updated 01 Jul, 2022 11:03am
Markets Euro under pressure as inflation fears send investors to dollar haven SINGAPORE/HONG KONG: The euro struggled to regain a footing on Thursday, having tumbled overnight against a... Published 30 Jun, 2022 10:08am
Markets Euro trims declines after Spain inflation surge LONDON: The euro edged lower on Wednesday following release of conflicting inflation data in Germany and Spain that... Published 29 Jun, 2022 02:31pm
Markets Euro gains traction ahead of inflation data, dollar steadies SINGAPORE: The euro won support on Tuesday as traders braced for European inflation figures to run hot this week and... Published 28 Jun, 2022 11:27am
Print Russia, rejecting default, tells investors to go to western financial agents MOSCOW: Russia rejected claims on Monday that is had defaulted on its external debt for the first time in more than ... Updated 28 Jun, 2022 09:36am
Business & Finance Euro slumps after bleak PMIs, dollar drops vs yen LONDON/NEW YORK: The euro fell across the board on Thursday as weaker-than-expected German and French PMI data... Published 24 Jun, 2022 06:15am
Business & Finance Russian rouble firms to 7-year high past 53 vs dollar in Moscow trade MOSCOW: The rouble jumped on Wednesday to its strongest mark in seven years against the dollar and euro, supported ... Published 23 Jun, 2022 06:05am
Markets Euro, sterling knocked by global growth worries LONDON: The euro and sterling fell on Wednesday as concerns resurfaced that interest rate hikes from major central... Published 22 Jun, 2022 05:05pm
Business & Finance Russian rouble climbs to strongest in 7 years vs dollar, euro MOSCOW: The Russian rouble jumped to a seven-year high against the dollar and euro on Moscow Exchange on Tuesday,... Published 22 Jun, 2022 05:58am
Business & Finance Euro edges higher with focus on ECB, dollar retreats LONDON: The euro rose on Monday as markets focused on European Central Bank tools to fight fragmentation in the... Published 21 Jun, 2022 05:51am
Markets Euro rises despite French election as dollar retreats LONDON: The euro rose on Monday despite French President Emmanuel Macron losing an absolute majority in the... Published 20 Jun, 2022 02:28pm
World Russia to ‘intensify’ fighting, Zelensky warns as EU decision looms KYIV: Ukrainian President Volodymyr Zelensky warned that Russia was likely to intensify its “hostile activity” this... Published 20 Jun, 2022 10:16am
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?
In historic visit, Iran President Raisi says decision made to increase bilateral trade five-fold to $10bn