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Sterling set for biggest weekly fall versus dollar since mid-June

The dollar is set for its biggest weekly rise since June, boosted by a wave of risk aversion in markets after Wall Street pulled back from recent tech-led gains.
The euro and the pound are both down about half a percent versus the dollar this week - the pound's biggest weekly fall since mid June.

Published 04 Sep, 2020 05:46pm

Markets

Gold gains as dollar stalls, with focus on US data

Gold down 1.4% this week, silver 2.6%.
Platinum on track for biggest weekly decline since June.
Dollar heads for its strongest week since May.

Published 04 Sep, 2020 05:18pm

Markets

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Thursday (September 3, 2020). ======================== Bid ...

Published 04 Sep, 2020 02:57am

Markets

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Thursday (September 3, 2020)....

Published 04 Sep, 2020 02:57am

Markets

LIBOR calculating interest on US dollar

KARACHI: London Interbank Offer Rates on for calculating interest on special US dollar on Thursday (September 3,...

Published 04 Sep, 2020 02:57am

Markets

Cotton falls on profit-taking, stronger dollar

NEW YORK: ICE cotton futures fell on Wednesday, as investors booked profits following gains in the previous session,...

Published 04 Sep, 2020 02:57am

Business & Finance

Sterling declines against dollar

LONDON: The pound extended its falls against the dollar on Thursday and was set for its biggest fall against the ...

Published 04 Sep, 2020 02:57am

Business & Finance

Early trade in New York: Dollar holds gains

NEW YORK: A report on Thursday showing that the number of Americans filing new claims for unemployment benefits fell...

Published 04 Sep, 2020 02:57am

Markets

Dollar gains further in Europe

LONDON: The dollar's bounce extended on Thursday as investors trimmed bets against the greenback and sold the euro ...

Published 04 Sep, 2020 02:57am

Pakistan

Pakistan to fetch one billion dollar of int'l share of cannabis within three years: Fawad

The minister said this in an exclusive talk with a private news channel regarding the cabinet approval for industrial and medical use of cannabis plants.

Published 03 Sep, 2020 11:11pm

Markets

Sterling bucks recent trends, falling against euro and dollar

Having risen versus the weaker dollar throughout July and August, the pound fell as the dollar strengthened in the first days of September.
Sterling extended these losses against the dollar on Thursday, down around 0.5% on the day at $1.3284.

Published 03 Sep, 2020 09:12pm

Markets

Dollar holds gains, shrugging off drop in jobless claims

Dollar index remains up after better-than-expected data.
Euro earlier hit one-week low against dollar.

Published 03 Sep, 2020 08:26pm

Markets

Firmer dollar, equities push gold to near 1-week low

Spot gold was down by 0.5% at $1,932.73 per ounce at 1205 GMT, having earlier fallen to $1,926.99.
US gold futures dipped 0.3% to $1,938.70.

Published 03 Sep, 2020 05:34pm

Markets

Dollar holds gains as traders trim short bets; data boosts yuan

The bounce has lifted the greenback about 1% above the 28-month low it hit against a basket of currencies on Tuesday and brought its first back-to-back daily gains since June.

Published 03 Sep, 2020 10:11am

Markets

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Wednesday (September 02, 2020). ======================== Bid ...

Published 03 Sep, 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 Wednesday (September 02, 2020)....

Published 03 Sep, 2020 02:42am

Markets

LIBOR calculating interest on US dollar

KARACHI: London Interbank Offer Rates on for calculating interest on special US dollar on Wednesday (September 02,...

Published 03 Sep, 2020 02:42am

Business & Finance

Sterling drifts lower against dollar

LONDON: Sterling fell against a rebounding US dollar on Wednesday but steadied against the euro as Bank of England...

Published 03 Sep, 2020 02:42am

Markets

Early trade in New York: Dollar extends gains, euro backtracks

NEW YORK: The dollar extended gains on Wednesday and the euro fell, retreating from the key $1.20 level reached in...

Published 03 Sep, 2020 02:42am

Markets

Dollar extends gains in Europe

LONDON: The dollar extended overnight gains on Wednesday and the euro fell, retreating from the key $1.20 level...

Published 03 Sep, 2020 02:42am

Markets

Dollar extends gains, euro backtracks from key $1.20 level

Wednesday's counter-trend was attributed by analysts to profit taking and technical resistance to the $1.20 mark hit Tuesday.
The euro was 0.65% lower on Wednesday at $1.183, having retraced all of the gains it made since Fed Chair Jerome Powell's speech last Thursday.

Published 02 Sep, 2020 09:09pm

Markets

Gold falls over 1pc on dollar rebound, economic recovery hopes

The dollar index is rallying and the euro currency is selling off because the inflation data was negative in Europe.
Bullion prices have surged about 28% this year after the virus upended economies, forcing global central banks to provide massive stimulus.

Published 02 Sep, 2020 08:09pm

Markets

Sugar, coffee prices weaken as dollar rebounds

October raw sugar slipped 0.12 cent, or 0.95%, to 12.48 cents per lb.
October white sugar fell $2.40, or 0.7%, to $360.10 a tonne.
November robusta coffee fell $16, or 1.1%, to $1,447 a tonne.

Published 02 Sep, 2020 07:27pm

Markets

Rupee loses 02 paisas against dollar

The buying and selling rates of dollar were recorded at Rs 165 and Rs 166.5 respectively.

Published 02 Sep, 2020 07:24pm

Markets

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Monday (September 01, 2020). ======================== Bid Rate...

Published 02 Sep, 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 (September 01, 2020)....

Published 02 Sep, 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 (September 01,...

Published 02 Sep, 2020 02:42am

Markets

Australian dollar breaks $0.74 barrier

SYDNEY: The Australian dollar scaled the 74 cent barrier on Tuesday to reach a two-year peak as the prospect of...

Published 02 Sep, 2020 02:42am

Business & Finance

Sterling scales 8-month highs against dollar

LONDON: The British pound scaled eight-month highs above $1.34 on Tuesday as broad-based dollar weakness deepened in...

Published 02 Sep, 2020 02:42am

Markets

Rupee gains 61 paisas against dollar

The State Bank of Pakistan reported that in interbank trading, the price of euro appreciated by 61 paisas and closed at Rs. 198.26 against the last day’s trading of Rs. 197.65.

Published 01 Sep, 2020 10:32pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 26	278.58
USD PKR Interbank Buying / Apr 26	278.28
USD to Japanese Yen / Apr 26	156.17
USD to Swiss Franc / Apr 26	0.91
Pound Sterling to USD / Apr 26	1.25
Euro to USD / Apr 26	1.07

Stock	Volume
S&P 500 / Apr 25	5048.42
Nasdaq / Apr 25	15611.76
Dow Jones / Apr 25	38085.80
India Sensex / Apr 26	74171.68
Tokyo Nikkei / Apr 26	37934.72
Hang Seng / Apr 26	17626.75
FTSE 100 / Apr 26	8123.98
Germany DAX 30 / Apr 26	18016.27

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 25	20535
Gold 10 Grams PKR / Apr 25	240900
Crude Oil USD/Barrel / Apr 26	83.89
Gold Spot USD/Ounce / Apr 26	2336.33
Cotton US¢/pound / Apr 26	81.15
Petrol/Litre / Apr 27	293.94

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 27 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 27 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 27 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 27 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 27 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 27 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 27 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 27 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 27 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 27 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 27 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 27 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 27 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 27 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 27 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 27 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 27 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 27 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 27 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 27 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 27 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 27 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 27 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 27 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 27 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 27 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 27 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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