Trends - forex - Business Recorder

forex

Oil slides on COVID-19 resurgence, strong dollar

In Europe, some countries were reviving curfews and lockdowns to fight a surge in new coronavirus cases, with Britain imposing tougher COVID-19 restrictions in London on Friday.

Published 16 Oct, 2020 04:54pm

Markets

Kenyan shilling weakens slightly against the dollar

At 0800 GMT, commercial banks quoted the shilling at 108.65/85 against the dollar, compared with Thursday's close of 108.60/80.

Published 16 Oct, 2020 04:24pm

Markets

Rouble firms past 78 vs dollar, sanctions and COVID-19 in focus

At 0802 GMT, the rouble was 0.2pc stronger against the dollar at 77.91 after briefly touching 78.20, its weakest since Oct. 7.

Published 16 Oct, 2020 04:21pm

Markets

Dollar set for biggest weekly gain in a month as stimulus talks falter

The dollar and Japanese yen are both on track for weekly gains on investor appetite for safe haven assets, of 0.7pc and 0.4pc respectively.

Published 16 Oct, 2020 04:19pm

Markets

Pakistan’s forex reserves not depleting: Finance Division

The Finance Division in a statement termed the reports as completely fallacious and misleading on all three counts.

Published 16 Oct, 2020 10:46am

Markets

Dollar heads for weekly gain as pandemic recovery stalls

As fresh curbs to combat COVID-19 were introduced in Europe and Britain, the world’s reserve currency surged to a two-week high of 93.910 against a basket of currencies. It held just below that peak in Asian morning trade.

Published 16 Oct, 2020 10:29am

Markets

LIBOR calculating interest on US dollar

KARACHI: London Interbank Offer Rates on for calculating interest on special US dollar on Thursday (October 15,...

Published 16 Oct, 2020 02:45am

Markets

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Thursday (October 15, 2020). ======================== Bid Rate...

Published 16 Oct, 2020 02:45am

Markets

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Thursday (October 15, 2020)....

Published 16 Oct, 2020 02:45am

Business & Finance

Early trade in New York: Risk-off sentiment boosts dollar

NEW YORK: The dollar climbed on Thursday along with the safe-haven yen as signs the US economy was stalling while...

Published 16 Oct, 2020 02:45am

Markets

Dollar hits 2-week high on risk-off tone, pound drops

Euro down vs dollar.
Dollar gains vs peer safe-haven yen.
Sterling gives back all of prior session's gains.

Published 16 Oct, 2020 01:46am

Markets

C$ slides to 1-week low, tracking downward shift in risk appetite

Canadian dollar falls 0.6% against the greenback.
Price of US oil declines 0.2%.
Canadian home sales rise to monthly record.
Canadian bond yields were mixed across the curve.

Published 16 Oct, 2020 01:43am

Markets

Rupee gains 62 paisas against dollar

In interbank trading, the price of euro depreciated by Rs. 1.20 and closed at Rs. 190.90 against the last day’s trading of Rs. 192.10, State Bank of Pakistan reported.

Updated 15 Oct, 2020 08:34pm

Markets

Aussie dollar at one-week low; risk-off mood supports US dollar

The Aussie dollar fell nearly 1% to a one-week low of 0.7096 per US dollar.

Published 15 Oct, 2020 06:32pm

Markets

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Wednesday (October 14, 2020). ======================== Bid ...

Published 15 Oct, 2020 03:10am

Markets

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Wednesday (October 14, 2020)....

Published 15 Oct, 2020 03:10am

Markets

LIBOR calculating interest on US dollar

KARACHI: London Interbank Offer Rates on for calculating interest on special US dollar on Wednesday (October 14,...

Published 15 Oct, 2020 03:10am

Business & Finance

Early trade in New York: Dollar fades after best day in three weeks

NEW YORK: The dollar index retreated on Wednesday, a day after notching its biggest daily percentage gain in three...

Published 15 Oct, 2020 03:10am

Markets

Dollar dips after best day in three weeks; euro hits lowest level in a week

Dollar pulls back after best day in 3 weeks.
Pound bounces off nine-day low.

Published 15 Oct, 2020 02:24am

Markets

Gold rises 1pc on dollar weakness, economic uncertainty

Dollar down against major currencies
US to get stimulus no matter who wins the election- analyst

Published 15 Oct, 2020 12:09am

Markets

Dollar holds on to gains; euro touches nine-day low

The rally in global equities started to run out of steam on Tuesday and risk appetite suffered, with the dollar index seeing its biggest daily jump in three weeks.

Published 14 Oct, 2020 05:53pm

Markets

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Tuesday (October 13, 2020). ======================== Bid Rate...