AGL 37.90 Increased By ▲ 0.33 (0.88%)
AIRLINK 131.74 Decreased By ▼ -0.76 (-0.57%)
BOP 5.61 Decreased By ▼ -0.03 (-0.53%)
CNERGY 3.79 Increased By ▲ 0.02 (0.53%)
DCL 8.69 Decreased By ▼ -0.18 (-2.03%)
DFML 40.90 Decreased By ▼ -0.10 (-0.24%)
DGKC 88.55 Decreased By ▼ -1.61 (-1.79%)
FCCL 35.20 Increased By ▲ 0.12 (0.34%)
FFBL 66.21 Decreased By ▼ -0.29 (-0.44%)
FFL 10.37 Increased By ▲ 0.22 (2.17%)
HUBC 109.23 Increased By ▲ 2.83 (2.66%)
HUMNL 14.20 Increased By ▲ 0.80 (5.97%)
KEL 4.87 Increased By ▲ 0.01 (0.21%)
KOSM 7.01 Increased By ▲ 0.16 (2.34%)
MLCF 42.05 Increased By ▲ 0.25 (0.6%)
NBP 59.71 Increased By ▲ 1.13 (1.93%)
OGDC 184.89 Increased By ▲ 3.64 (2.01%)
PAEL 25.60 Decreased By ▼ -0.10 (-0.39%)
PIBTL 5.86 Increased By ▲ 0.03 (0.51%)
PPL 148.45 Increased By ▲ 0.05 (0.03%)
PRL 23.15 Decreased By ▼ -0.07 (-0.3%)
PTC 16.33 Increased By ▲ 1.09 (7.15%)
SEARL 68.18 Decreased By ▼ -0.61 (-0.89%)
TELE 7.26 Increased By ▲ 0.02 (0.28%)
TOMCL 35.75 Decreased By ▼ -0.25 (-0.69%)
TPLP 7.57 Increased By ▲ 0.17 (2.3%)
TREET 14.20 Decreased By ▼ -0.04 (-0.28%)
TRG 50.90 Increased By ▲ 0.05 (0.1%)
UNITY 26.40 No Change ▼ 0.00 (0%)
WTL 1.22 Increased By ▲ 0.01 (0.83%)
BR100 9,773 Increased By 5.4 (0.06%)
BR30 29,709 Increased By 309.1 (1.05%)
KSE100 92,077 Increased By 139.3 (0.15%)
KSE30 28,715 Decreased By -29.2 (-0.1%)

foreign exchange market

Brazil central bank intervenes in FX, sells $1bn as real slides further
Markets

Brazil central bank intervenes in FX, sells $1bn as real slides further

  • Tuesday's $1 billion sale, taking central bank intervention since Thursday to over $4 billion, came as pressure on Brazilian assets intensified after President Jair Bolsonaro eliminated certain fuel taxes and increased a tax on banks.
  • There's a (market) crisis of confidence in the government, and we have negative rates.
Published 02 Mar, 2021 08:06pm
Dollar extends decline as risk appetite favors equities
Markets

Dollar extends decline as risk appetite favors equities

  • The US dollar has been weighed down by a string of soft labor market data, even as President Joe Biden's proposed $1.9 trillion spending package takes shape.
  • What the foreign exchange market is looking at in the short term, is the dollar is going to be weak despite progress in the economy because this country has a huge deficit problem.
Published 19 Feb, 2021 08:36pm
Taiwan punishes foreign banks in speculation case
Business & Finance

Taiwan punishes foreign banks in speculation case

  • The Taiwan dollar is at a more than 23-year-high against the greenback as the island's trade-dependent economy booms on the back of global demand for its tech products.
  • The suspension will be a year or more for the most serious cases, the sources said, without saying the length of time being applied to each bank.
Published 05 Feb, 2021 07:42pm