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forex

European stocks, dollar slide awaiting US stimulus

Sterling won support also from a rise in UK inflation, while oil prices dropped by almost two percent.

Published 21 Oct, 2020 05:20pm

Markets

LIBOR calculating interest on US dollar

KARACHI: London Interbank Offer Rates on for calculating interest on special US dollar on Tuesday (October 20, ...

Published 21 Oct, 2020 02:53am

Markets

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Tuesday (October 20, 2020). ======================== Bid Rate...

Published 21 Oct, 2020 02:53am

Markets

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Tuesday (October 20, 2020)....

Published 21 Oct, 2020 02:53am

Markets

Sterling rises against dollar

LONDON: Sterling rose against the dollar but fell versus the strong euro on Tuesday, with investors still searching...

Published 21 Oct, 2020 02:53am

Business & Finance

Early trade in New York: Dollar eases with focus on stimulus talks, election

NEW YORK: The dollar dipped on Tuesday, but moves were muted as investors awaited the outcome of fiscal stimulus...

Published 21 Oct, 2020 02:53am

Markets

Lower dollar helps copper head towards 27-month peak

Surging coronavirus infections in Europe a worry.
Concerns about wider disruptions in Chile support copper.

Published 20 Oct, 2020 06:42pm

Markets

Rupee strengthens against dollar

The buying and selling rates of dollar were recorded at Rs 162.5 and Rs 163.4 respectively.

Published 20 Oct, 2020 06:22pm

Markets

United States working on to introduce the ‘Digital Dollar’

However, there will be no haste in the project in order to protect it against fraud and forgery, he said.

Updated 20 Oct, 2020 11:46am

Markets

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Monday (October 19, 2020). ======================== Bid Rate ...

Published 20 Oct, 2020 02:42am

Markets

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Monday (October 19, 2020)....

Published 20 Oct, 2020 02:42am

Markets

LIBOR calculating interest on US dollar

KARACHI: London Interbank Offer Rates on for calculating interest on special US dollar on Monday (October 19, ...

Published 20 Oct, 2020 02:42am

Markets

US in no hurry to develop digital dollar: Fed chief

WASHINGTON: The US central bank is researching a possible cyber-dollar, but will move slowly to ensure it first...

Published 20 Oct, 2020 02:42am

Markets

Early trade in New York: Safe haven dollar dips

NEW YORK: The dollar edged lower on Monday as investors revived bets that an agreement in Washington on a fiscal...

Published 20 Oct, 2020 02:42am

Markets

Canadian dollar steadies as US stimulus uncertainty offsets Chinese data

Canadian dollar was nearly unchanged against the greenback.
Canadian wholesale trade increases 0.3% in August.
BoC survey shows that business sentiment improves across Canada.
10-year yield rises less than a basis point to 0.586%.

Published 20 Oct, 2020 02:24am

Markets

Dollar eases on cautious optimism around US fiscal package

The dollar index declined 0.3%, giving back some of its 0.7% gain from last week when a global surge in coronavirus cases.
There is growing optimism that there is going to be one last strong attempt to get a stimulus deal.

Published 20 Oct, 2020 01:43am

Markets

Gold rises on dollar dip, hopes for US relief package

Dollar slips to near one-week low.
Silver could rally to $40/oz over next 12 months –Citi.
Pelosi optimistic of US fiscal aid before election.

Published 20 Oct, 2020 12:35am

Markets

Rupee advances to Rs162.37 against dollar

In interbank trading, the price of euro appreciated by 22 paisas and closed at Rs. 190.46 against the last day’s trading of Rs. 190.24, State Bank of Pakistan reported.

Updated 19 Oct, 2020 07:36pm

Markets

Ugandan shilling unchanged as importer dollar demand slumps

At 0913 GMT, commercial banks quoted the shilling at 3,720/3,730, same level as Friday's close.

Published 19 Oct, 2020 04:32pm

Markets

Gold gains on weaker dollar, U.S. stimulus bets

The dollar slipped 0.2pc versus rivals, making gold less expensive for holders of other currencies.

Published 19 Oct, 2020 03:57pm

Markets

Swedish, Norwegian currencies to keep gaining on dollar, euro

STOCKHOLM: The Swedish and Norwegian currencies are expected to strengthen against the euro and the dollar in the...

Published 19 Oct, 2020 03:02am

Markets

Long bets on Taiwan dollar, S Korean won hit over 2-1/2-year high

• Bullish bets raised on six of nine emerging Asian unitsSINGAPORE: Long positions on the South Korean won and...

Published 19 Oct, 2020 03:02am

Markets

LIBOR calculating interest on US dollar

KARACHI: London Interbank Offer Rates on for calculating interest on special US dollar on Friday (October 16, ...