Trends - Pound - Business Recorder

Pound

Sterling edges up

LONDON: The pound edged up slightly against the euro on Thursday but was broadly flat against the dollar, having ...

Updated 30 Apr, 2021 10:30am

Business & Finance

Sterling steadies

LONDON: Sterling steadied after a weaker start on Tuesday, lacking momentum as investors waited for more concrete...

Updated 28 Apr, 2021 10:04am

Business & Finance

Syria raises exchange rate to attract capital inflows

AMMAN: Syria has raised its official exchange rate for banks to help attract foreign transfers away from the black...

Updated 16 Apr, 2021 09:53am

Markets

Dollar at two-week low after U.S. weekly jobless claims rise unexpectedly

The U.S. currency - which appreciated this year, helped in part by a rally in U.S. Treasury yields - has come under pressure in recent sessions as yields have retreated.

Updated 09 Apr, 2021 09:19am

Markets

Wall Street inches up, Treasury yields pare losses after Fed minutes

All three major U.S. stock indexes gained some ground and the S&P 500 and the Dow were last in positive territory, with economically-sensitive small caps and transports lagging.

Updated 08 Apr, 2021 09:06am

Markets

Dollar looks for next catalyst as economic data keep bulls in control

The greenback posted its best quarter against major currencies in almost three years in January-March thanks to an improving U.S. economy and rising Treasury yields.

Published 05 Apr, 2021 11:13am

Markets

Dollar bides time before services data after labour market rebound

"The dollar's upward trend is very strong. In the new quarter perhaps the best thing for investors to do is to just follow this trend."

Published 05 Apr, 2021 08:38am

Markets

Sterling steadies below $1.38

Expectations that Britain's economy will reopen quickly after its rapid vaccine rollout lifted sterling to $1.42 in February, at the time making it the best performing G10 currency.

Published 30 Mar, 2021 02:31am

Markets

Raw sugar dips to three-month low, coffee also weakens

Brazilian brokers said producers in the world's largest grower were again active sellers in the market after the country's currency weakened to the lowest level in 20 days.

Published 30 Mar, 2021 01:03am

Markets

Sterling steadies after two consecutive days of losses

The pound has lost over 1% against the dollar this week, as the EU, which is lagging Britain and the United States in rolling out vaccines, considers the measure.

Published 25 Mar, 2021 11:52pm

Markets

Weaker pound, defensive stocks boost FTSE 100; AstraZeneca rises

The domestically focused mid-cap FTSE 250 index gained 0.2pc, supported by tech and bank stocks.

Updated 23 Mar, 2021 05:10pm

Markets

Bank of England charts path between Covid and inflation

The UK economy slumped 2.9 percent in January from December, after the imposition of England's third lockdown.

Updated 18 Mar, 2021 04:07pm

Business & Finance

Sterling strengthens

LONDON: The pound rose on Monday and positioning data showed speculators were the most bullish on the currency in...

Updated 09 Mar, 2021 09:36am

Markets

Sterling steadies

LONDON: Sterling steadied against the dollar on Wednesday and gained against the euro after the announcement of an...

Published 04 Mar, 2021 04:58am

Markets

Barclays bid rates and maximum rates for payment of interest

KARACHI: Barclays bid rates, maximum rates for payment of interest by authorised dealers on deposits (other than...

Published 02 Mar, 2021 05:50am

Markets

Open market rates of foreign currencies

KARACHI: Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Monday (March 1,...

Published 02 Mar, 2021 05:50am

Business & Finance

Sterling surges against dollar, euro

LONDON: Sterling edged higher against both the euro and the dollar on Monday as a swift coronavirus vaccine roll-out...

Updated 02 Mar, 2021 09:45am

Markets

State Bank of Pakistan conversion rates

KARACHI: Rates applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates,...

Published 27 Feb, 2021 04:29am

Markets

Barclays bid rates and maximum rates for payment of interest

KARACHI: Barclays bid rates, maximum rates for payment of interest by authorised dealers on deposits (other than...

Published 27 Feb, 2021 04:29am

Markets

Arabica coffee slips

LONDON: Arabica coffee futures on ICE were lower on Friday, weighed partly by the weakness of Brazil's real currency...

Published 27 Feb, 2021 04:29am

Business & Finance

Sterling falls against stronger dollar

LONDON: Sterling fell against a stronger dollar on Friday, retreating from a three-year high touched earlier this...

Published 27 Feb, 2021 04:29am

Business & Finance

Pound powers past $1.40 for first time in nearly 3 years

LONDON: The pound hit $1.40 against the dollar for the first time in nearly three years on Friday, as analysts bet a...

Updated 20 Feb, 2021 06:27pm

Business & Finance

Sterling hits fresh highs against dollar and euro

LONDON: Sterling hit two-and-a-half-year highs against the dollar on Tuesday and set a nine-month high to the euro ...

Updated 17 Feb, 2021 09:34am

Markets

State Bank of Pakistan conversion rates

KARACHI: Rates applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates,...

Published 13 Feb, 2021 04:11am

Markets

Open market rates of foreign currencies

KARACHI: Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Friday (February...

Published 13 Feb, 2021 04:11am

Business & Finance

Sterling rises above $1.38

LONDON: The pound rose above $1.38 and was set to end the week up against the dollar and euro, as currency traders...

Published 13 Feb, 2021 04:11am

Business & Finance

Early trade in New York: Dollar rallies; bitcoin pulls back

NEW YORK: The dollar gained on Friday after several days of losses this week, as risk appetite soured with stocks ...

Published 13 Feb, 2021 04:11am

Markets

Sterling rises above $1.38, set for fifth consecutive week of gains

Britain's economy shrank 9.9% in 2020, which is the biggest annual decline in output in more than 300 years.
"While the market's still making fresh highs, we expect the retracements to be bought into," said Joe Tuckey, FX analyst at Argentex. "We saw a lot of tailwinds for sterling."

Published 12 Feb, 2021 09:25pm

Markets

State Bank of Pakistan conversion rates

KARACHI: Rates applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates,...

Published 12 Feb, 2021 04:54am

Markets

Barclays bid rates and maximum rates for payment of interest

KARACHI: Barclays bid rates, maximum rates for payment of interest by authorised dealers on deposits (other than...

Published 12 Feb, 2021 04:54am

Gainers
Losers
Leaders

Stock	Price
786 Investments / May 8 786 Investments Limited(786)	7.55 ▼ 0.00 (0.00%)
AL- Abbas / May 8 Al-Abbas Sugar Mills Limited(AABS)	352.25 ▼ 0.00 (0.00%)
Agro Allianz / May 8 Agro Allianz limited(AAL)	11.10 ▼ 0.00 (0.00%)
AL-Abid Silk / May 8 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 8 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 8 Allied Bank Limited(ABL)	68.92 ▼ 0.00 (0.00%)
Abbott Lab. / May 8 Abbott Laboratories (Pakistan) Limited(ABOT)	780.20 ▼ 0.00 (0.00%)
Abson Ind. / May 8 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Attock Cement / May 8 Attock Cement Pakistan Limited(ACPL)	161.23 ▼ 0.00 (0.00%)
Adam Sugar / May 8 Adam Sugar Mills Limited(ADAMS)	23.50 ▼ 0.00 (0.00%)

Stock	Price
786 Investments / May 8 786 Investments Limited(786)	7.55 ▼ 0.00 (0.00%)
AL- Abbas / May 8 Al-Abbas Sugar Mills Limited(AABS)	352.25 ▼ 0.00 (0.00%)
Agro Allianz / May 8 Agro Allianz limited(AAL)	11.10 ▼ 0.00 (0.00%)
AL-Abid Silk / May 8 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 8 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 8 Allied Bank Limited(ABL)	68.92 ▼ 0.00 (0.00%)
Abbott Lab. / May 8 Abbott Laboratories (Pakistan) Limited(ABOT)	780.20 ▼ 0.00 (0.00%)
Abson Ind. / May 8 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Attock Cement / May 8 Attock Cement Pakistan Limited(ACPL)	161.23 ▼ 0.00 (0.00%)
Adam Sugar / May 8 Adam Sugar Mills Limited(ADAMS)	23.50 ▼ 0.00 (0.00%)

Stock	Volume

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 7	152.30
USD PKR Interbank Buying / May 7	152.20
USD to Japanese Yen / May 7	108.60
USD to Swiss Franc / May 7	0.90
Pound Sterling to USD / May 7	1.40
Euro to USD / May 7	1.22
UK LIBOR % / May 7	0.06

Stock	Volume
S&P 500 / May 7	4232.60
India Sensex / May 7	49206.47
Tokyo Nikkei / May 7	29357.82
Nasdaq / May 7	13752.24
Hang Seng / May 7	28610.65
FTSE 100 / May 7	7129.71
Dow Jones / May 7	34777.76
Germany DAX 30 / May 7	15399.65
France CAC40 / May 7	6385.51

Item	Value
Crude Oil / May 7	64.90
Karachi Cotton Assoc. / May 7	11300.00
Gold 10 Grams / May 7	89163.00
Gold Spot / May 7	1831.30
Cotton / May 7	89.66

Pound

Sterling edges up

Sterling steadies

Syria raises exchange rate to attract capital inflows

Dollar at two-week low after U.S. weekly jobless claims rise unexpectedly

Wall Street inches up, Treasury yields pare losses after Fed minutes

Dollar looks for next catalyst as economic data keep bulls in control

Dollar bides time before services data after labour market rebound

Sterling steadies below $1.38

Raw sugar dips to three-month low, coffee also weakens

Sterling steadies after two consecutive days of losses

Weaker pound, defensive stocks boost FTSE 100; AstraZeneca rises

Bank of England charts path between Covid and inflation

Sterling strengthens

Sterling steadies

Barclays bid rates and maximum rates for payment of interest

Open market rates of foreign currencies

Sterling surges against dollar, euro

State Bank of Pakistan conversion rates

Barclays bid rates and maximum rates for payment of interest

Arabica coffee slips

Sterling falls against stronger dollar

Pound powers past $1.40 for first time in nearly 3 years

Sterling hits fresh highs against dollar and euro

State Bank of Pakistan conversion rates

Open market rates of foreign currencies

Sterling rises above $1.38

Early trade in New York: Dollar rallies; bitcoin pulls back

Sterling rises above $1.38, set for fifth consecutive week of gains

State Bank of Pakistan conversion rates

Barclays bid rates and maximum rates for payment of interest

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