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forex

Rupee extends gains against dollar
Markets

Rupee extends gains against dollar

  • The State Bank of Pakistan reported that in interbank, the price of euro depreciated by 38 paisas to close at Rs. 195.01 against the last day’s trading of Rs. 195.39.
Published 28 Jul, 2020 08:07pm
C$ gains along with higher oil prices as greenback sinks
Markets

C$ gains along with higher oil prices as greenback sinks

  • Canadian dollar rises 0.4% against the greenback.
  • Loonie trades in a range of 1.3354 to 1.3413.
  • Price of US oil increases 0.8%.
  • Canadian government bond yields edge higher.
  • Canada's 10-year yield hits its lowest since June 15 at 0.482%.
Published 28 Jul, 2020 01:23am
Euro highest since 2018, dollar hurt by coronavirus spread
Markets

Euro highest since 2018, dollar hurt by coronavirus spread

  • It seems like we're seeing the dollar lose its crown," said Edward Moya, senior market analyst at OANDA in New York.
  • US Treasury Secretary Steve Mnuchin said on Sunday that Republican coronavirus relief legislation will be made public on Monday.
Published 28 Jul, 2020 01:06am
South Africa's rand rallies on dollar selling
Markets

South Africa's rand rallies on dollar selling

  • The rand had suffered a selloff after the local central bank cut rates on Thursday while leaving the door open for further cuts.
  • Government bonds also firmed, with the yield on the benchmark instrument due in 2030 was down 9.5 basis points to 9.155%.
Published 27 Jul, 2020 11:17pm
Rupee gains 36 paisas against dollar
Markets

Rupee gains 36 paisas against dollar

  • The State Bank of Pakistan reported that in interbank, the price of euro appreciated by 04 paisas to close at Rs. 194.26 against the last day’s trading of Rs. 194.22.
Published 24 Jul, 2020 06:44pm