Dollar eases from 10-month high NEW YORK: The dollar index eased from a 10-month high on Thursday but remained on track for a weekly gain, and... Published 29 Sep, 2023 06:24am
Markets Rupee sees 16th consecutive session of appreciation, settles at 288.75 against US dollar Local currency has gained 6.4% since it hit a record low of 307.1 in inter-bank market on Sept 5 Updated 27 Sep, 2023 09:23pm
Markets Dollar scales 10-month top as rate jitters persist SINGAPORE: The dollar rose to a 10-month high against its major peers on Wednesday, toppling the euro and sterling... Updated 27 Sep, 2023 10:46am
Markets Oil prices rise by about 1pc as tight supply balances economic outlook NEW YORK: Oil prices rose by about 1 percent after reaching a two-week low earlier in the session on Tuesday, as... Published 27 Sep, 2023 06:08am
Markets Copper dragged down by China demand concerns LONDON: Copper prices fell on Tuesday due to concerns about demand in top metals consumer China and high inventories... Published 27 Sep, 2023 06:08am
Markets Yen hits 11-month low against dollar, watched for intervention risk NEW YORK: The dollar hit an 11-month high against the Japanese yen on Monday and an almost 10-month high against a... Updated 25 Sep, 2023 08:01pm
Markets PKR appreciates another 1.74pc KARACHI: The rupee appreciated another 1.74% during the previous week, closing positive in all five sessions to... Published 25 Sep, 2023 06:34am
Business & Finance Dollar up as data highlights US economic resilience NEW YORK: The US dollar advanced against a basket of currencies on Friday as the latest batch of data on business... Published 25 Sep, 2023 06:34am
Markets Kerb buying and selling rate of US dollar KARACHI: Dollar buying and selling rate in the kerb market in rupees on Friday (September 22, 2023).... Published 23 Sep, 2023 05:58am
Markets Open-market: rupee gains further ground against US dollar Currency closes at Rs293.5 for selling and Rs290.5 for buying purposes, according to ECAP data Updated 22 Sep, 2023 10:51pm
Markets Yen falls after BOJ stands pat on easy policy; dollar elevated SINGAPORE: The yen fell on Friday after the Bank of Japan (BOJ) maintained its ultra-loose monetary policy stance in... Published 22 Sep, 2023 10:11am
Markets Gold defies strength in US dollar, yields as global rates peak Gold prices edged higher on Friday despite pressure from a stronger US dollar and bond yields, with investors... Published 22 Sep, 2023 09:31am
Markets Open market rates of foreign currencies KARACHI: Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Thursday ... Published 22 Sep, 2023 03:33am
Business & Finance Dollar edges up vs pound, euro on Fed support NEW YORK: The US dollar edged higher against the pound and the euro on Thursday, a day after the Federal Reserve ... Published 22 Sep, 2023 03:33am
Markets China, Hong Kong stocks drop on hawkish US Fed stance HONG KONG: China and Hong Kong stocks slipped on Thursday as risk sentiment took a blow after the US Federal... Published 21 Sep, 2023 10:48am
Markets Yen worries increase as dollar strengthens after Fed TOKYO: The dollar hit fresh peaks on Thursday, sitting around its highest against the yen since November after a... Published 21 Sep, 2023 09:43am
Markets Kerb buying and selling rate of US dollar KARACHI: Dollar buying and selling rate in the kerb market in rupees on Wednesday (September 20, 2023).... Published 21 Sep, 2023 06:08am
Business & Finance Dollar retreats ahead of Fed decision NEW YORK: The dollar edged lower on Wednesday ahead of a much-anticipated interest rate decision by the US Federal... Published 21 Sep, 2023 06:08am
Markets Dollar firm but softens against yen ahead of FOMC TOKYO: The dollar remained firm on Wednesday but softened slightly against the yen ahead of a much-anticipated rate... Published 20 Sep, 2023 09:49am
Print ECs have no role in volatile exchange rate: Bostan KARACHI: Malik Muhammad Bostan, Chairman of Exchange Companies Association of Pakistan (ECAP), Tuesday said Exchange... Updated 20 Sep, 2023 10:43am
Business & Finance Dollar eases as traders focus on bank decisions NEW YORK: The US dollar eased against a basket of currencies on Tuesday as traders awaited a raft of central bank... Published 20 Sep, 2023 06:28am
Technology Cryptoverse: Stablecoins sag in the dog days of summer Bitcoin isn’t the only asset experiencing a late summer slump. Stablecoins, cryptocurrencies typically pegged to... Published 19 Sep, 2023 02:43pm
Markets Open-market: after opening lower, rupee closes marginally stronger against US dollar After weakening in the early part of the day, the Pakistani rupee closed slightly stronger against the US dollar in... Updated 19 Sep, 2023 06:28pm
Print PKR slide has doubled capacity payments: PD Power Secretary Rashid Mahmood Langrial explains that foreign-funded dollar-denominated IPPs have contributed the most Updated 19 Sep, 2023 10:56am
Markets Open-market: rupee closes unchanged against US dollar Rupee quoted at 297 for selling and 294 for buying purposes Updated 18 Sep, 2023 06:30pm
Markets Japan’s yen in spotlight ahead of ‘live’ BOJ meeting SINGAPORE: The US dollar and most major currencies were flatlining in early trades on Monday, barring a blip in... Published 18 Sep, 2023 09:43am
BR Research Petroleum price: dollar at the core Petrol and diesel both soared to new highs last Saturday. It appears that years of messaging is finally starting to... Published 18 Sep, 2023 08:52am
Opinion Administrative crackdown: will it work? The State’s crackdown against the smugglers and illegal currency traders has met with initial success. The fear... Updated 18 Sep, 2023 07:40am
Markets PKR: another positive week KARACHI: The rupee once again enjoyed a positive week, appreciating nearly 2.1% across the five sessions to close at... Published 18 Sep, 2023 06:32am
Markets Dollar holds steady, yuan rises on better-than-expected China data TOKYO: The dollar held steady in Asia on Friday, edging off slightly from overnight gains against peers, as the yuan... Published 15 Sep, 2023 09:32am