Pakistan's GDP growth for FY26 to remain above govt estimate, says SBP chief Updated 03 Jul, 2026 06:21pm Workers' remittances estimated to hit above $41.5bn
Asia stocks, FX extend losses Published 16 Mar, 2026 04:51am BENGALURU: Most Asian equities and currencies fell on Friday as fresh attacks in Gulf waters kept crude near USD100...
Indian rupee kicks off 2026 weaker Published 02 Jan, 2026 06:11am MUMBAI: The Indian rupee welcomed 2026 with a marginal decline, weighed down by dollar demand from corporates, while...
Safe-haven yen and dollar shine amid selloff in stocks; NZ dollar slides Published 05 Nov, 2025 08:31am The Aussie drooped 0.2% to $0.6476
Pressure without clarity breeds market volatility Updated 05 Jun, 2025 08:01am With the tariff reprieve deadline behind us and the long-promised Trump-Xi phone call still nowhere on the calendar,...
Asian regional FX subdued Published 15 May, 2025 05:42am BENGALURU: Asian shares hit multi-month highs on Wednesday as a softer US inflation print cemented expectations for...
Most Latam FX fall Published 28 Oct, 2024 06:21am BRASILIA: Most Latin American currencies slipped after rising in the last session on Friday, capping of a week of...
FX up by $59m Published 19 Jul, 2024 06:05am KARACHI: The country’s total liquid foreign reserves rose by $59 million during the last week. According to State...
Most Latam FX weaken on dollar strength Published 25 Mar, 2024 05:47am BRISILIA: Most Latin American currencies dropped against a firm dollar on Friday, with investors awaiting...
Enforcement action: SBP imposes over Rs465mn in penalties on 10 banks Updated 30 Jan, 2024 10:46pm The State Bank of Pakistan (SBP) imposed penalties worth Rs465.08 million on 10 banks during the quarter ended...
LoI to IMF: govt pledges fiscal discipline Updated 19 Jul, 2023 09:56am Says it will restrain non-priority spending including through energy sector measures aimed at credibly containing energy sector subsidies, the public wage bill, and pensions
The BRICS’s creeping ‘gold currency’ Updated 13 Jul, 2023 05:15am It’s a shame that market pundits have been busy scandalising JP Morgan’s involvement with the late, notorious ...
New historic low: rupee suffers another dramatic fall, closes at 285.09 against US dollar Updated 02 Mar, 2023 09:35pm Currency loses 6.66% or nearly Rs19 in a single session against the US dollar
Dollar flat as traders eye US midterms, potential partisan gridlock Published 09 Nov, 2022 03:41am WASHINGTON/LONDON: The dollar was flat on Tuesday as traders looked ahead to US midterm elections and hopes of China...
Sterling gains on falling dollar Published 12 Sep, 2022 06:01am LONDON: Sterling jumped against the dollar on Friday, as most majors fought back against the greenback’s recent...
Sterling falls to its lowest since mid-July Published 23 Aug, 2022 05:56am LONDON: Sterling fell to its lowest since mid-July against the dollar on Monday as surging energy costs and a summer...
Dollar pares gains as US growth contracts for second quarter Published 29 Jul, 2022 06:14am NEW YORK: The dollar pared gains on Thursday after data showed that the US economy contracted again in the second...
Dollar boosted by safety bid on rising recession fears Published 02 Jul, 2022 04:10am NEW YORK: Pessimism about the outlook for the global economy boosted demand for the safe haven US dollar on Friday...
Pound gains, but focus stays on struggling UK economy Published 01 Jul, 2022 06:13am LONDON: The British pound rose against the dollar and euro on Thursday, as investors shrugged off official data...
Dollar up, euro down as Lagarde keeps July policy options open Published 29 Jun, 2022 05:44am LONDON/WASHING-TON: The dollar climbed on Tuesday and the euro held below $1.06 as European Central Bank (ECB)...
China’s yuan eases Published 24 Jun, 2022 06:15am SHANGHAI: China’s yuan slipped against the dollar on Thursday, as strong corporate demand onshore bolstered the...
Yen tanks as BOJ sticks to stimulus, caps volatile week for FX Published 18 Jun, 2022 06:00am NEW YORK: The Japanese yen tumbled against the dollar on Friday after the Bank of Japan bucked a wave of tightening...
Dollar higher as risky assets tumble; yen rebounds from 1998 lows Published 14 Jun, 2022 05:56am NEW YORK: The safe-haven dollar rose to a fresh four-week high against a basket of currencies on Monday, supported ...
Dollar eases as traders scale back bets on Fed tightening Published 27 May, 2022 05:50am NEW YORK: The US dollar dipped on Thursday after minutes from the Federal Reserve’s May meeting pointed to...
Sterling rallies to highest vs dollar in over two weeks Published 24 May, 2022 05:35am LONDON: The pound rallied on Monday to more than two-week highs as broad-based dollar weakness allowed the British...
Sterling hits new lows against dollar Published 13 May, 2022 05:59am LONDON: Sterling fell to a fresh two-year low against the US dollar on Thursday after a slew of data pointed to a...
Asian stocks, FX edge up after US inflation data, Indian rupee slips Published 14 Apr, 2022 04:55am BANGKOK: Most Asian currencies and stock indexes edged higher as data overnight showed US inflation rose largely in...
Euro’s gains fizzle Published 22 Feb, 2022 04:43am LONDON: The euro’s gains fizzled and the dollar received a safe-haven boost on Monday after the Kremlin said there...
Sterling rises to two-week high against euro Published 18 Feb, 2022 04:31am LONDON: Sterling strengthened against the euro and the dollar on Thursday as expectations of a rate hike by the Bank...
Sterling falls below $1.34 Published 28 Jan, 2022 04:44am LONDON: Sterling hit its lowest level against the US dollar so far this year on Thursday as investors sold off...