Trends - Euro - Business Recorder

Euro

Sterling steadies against dollar, euro

LONDON: Britain’s pound traded within recent ranges against the dollar and the euro on Wednesday as a lack of ...

Published 27 May, 2021 03:40am

Markets

Dollar wallows at multi-month lows as Fed bangs dovish drum; euro ascendant

China's major state-owned banks were seen buying US dollars at around 6.4 yuan in the Asian afternoon in a move viewed as an effort to cool the rally in the onshore yuan, sources said.

Published 26 May, 2021 01:02pm

Markets

Dollar near 3-month low, weighed by Fed's dovish tilt

Dollar struggles for traction as Fed tapering seen months away.
Euro helped by economic reopening but capped by ECB's Lagarde.
Cryptocurrencies wobbly, ether down 60% in less than 2 weeks.

Published 24 May, 2021 08:51am

Markets

Your rupee last week

KARACHI: Following currency fluctuations took place in foreign exchange rates during the last week. (May 17 to 21,...

Published 24 May, 2021 04:03am

Markets

State Bank of Pakistan conversion rates

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

Published 22 May, 2021 04:05am

Markets

Exchange rates: buying and selling

KARACHI: Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Friday (May 21,...

Published 22 May, 2021 04:05am

Markets

Currency notes: exchange rates

KARACHI: Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan...

Published 22 May, 2021 04:05am

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 22 May, 2021 04:05am

Business & Finance

Sterling slips

LONDON: The pound slipped versus a stronger dollar on Friday but was still on track for weekly gains versus both...

Published 22 May, 2021 04:05am

Markets

Dollar driven back to multi-month low by risk appetite bounce

While that sell-off reversed course with the help of bargain hunters, cryptos were last well off their session highs.

Published 21 May, 2021 12:09pm

Markets

Dollar heads for weekly loss as taper fears ebb

Sterling last traded steady at $1.4185.

Published 21 May, 2021 12:06pm

Markets

Dollar bounces after Fed minutes revives tapering discussion

Cryptocurrencies were volatile after suffering one of their biggest losses on Wednesday in the wake of China's decision to ban financial and payment institutions from providing digital currency services.

Published 20 May, 2021 11:26am

Markets

Kenyan shilling little changed amid scant demand for dollars

At 0843 GMT, commercial banks quoted the shilling at 107.50/107.70, compared with Tuesday's close of 107.45/65.

Published 19 May, 2021 03:03pm

Markets

Spot gold may fall into $1,830-$1,847 range

On the daily chart, the metal is struggling around a similar resistance at $1,874, which may trigger a pullback towards the falling trendline.

Published 19 May, 2021 12:05pm

Markets

Yuan slips as Sino-US tensions weighs on appetite

The Fed could hint at tapering again in the second half, which could then push the dollar index and Treasury yields higher, CIB added.

Published 19 May, 2021 11:54am

Markets

Dollar steadies before Fed minutes, bitcoin stumbles

Elsewhere, the Australian and New Zealand dollars eased slightly as the Antipodeans struggled to break through heavy technical resistance, but sentiment remains positive due to rising commodity prices, some traders said.

Published 19 May, 2021 11:52am

Markets

Australia shares set to open lower, NZ falls

New Zealand's benchmark S&P/NZX 50 index fell 0.2% to 12,405.73 in early trading.

Published 19 May, 2021 11:46am

Markets

Julius Baer confirms targets as AuM grow 8% through April

The bank in February posted a 50% rise in 2020 net profit, as booming markets and strong client trading helped it overshoot its mid-term targets.

Published 19 May, 2021 11:44am

Markets

Exchange rates: buying and selling

KARACHI: Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Tuesday (May 18,...

Published 19 May, 2021 06:00am

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 May, 2021 06:00am

Markets

Dollar inches lower as Treasury yields hold firm

And despite higher metal prices, the Australian dollar also edged lower.

Published 18 May, 2021 10:41am

Markets

Dollar drops as yield support fades amid expectations of low US rates

The onshore yuan edged up to 6.4279 per dollar, not far from an almost three-year high reached last week.

Published 18 May, 2021 10:39am

Business & Finance

Euro climbs in Europe

LONDON: The euro rose on Tuesday, hovering just below a 2-1/2 month high hit in the previous session, after data...

Updated 12 May, 2021 10:16am

Markets

Your rupee last week

KARACHI: Following currency fluctuations took place in foreign exchange rates during the last week. (May 3 to 7,...

Published 10 May, 2021 04:54am

Markets

Barclays bid rates and maximum rates for payment of interest

KARACHI: Barclays bid rates, maximum rates for payment of interest by authorised dealers on deposits (other than...