Open market rates of foreign currencies KARACHI: Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Monday (July 10,... Published 11 Jul, 2023 06:08am
Print Sufficient inflows of USD mandatory: Relaxation on retiring of LCs not ‘unrestrained’: official Information shared by Ministry of Industries and Production (MoI&P) informally with National Assembly Standing Committee on Industries and Production Updated 11 Jul, 2023 09:06am
Markets Rupee sees decline, settles at 279.8 against US dollar Currency depreciates 0.68% in inter-bank market Updated 10 Jul, 2023 08:24pm
Markets Dollar softens, China’s yuan draws support from stimulus hopes SINGAPORE: The dollar was on the defensive on Monday as investors scaled back expectations over how much further... Published 10 Jul, 2023 09:57am
Markets PKR registers 2.91pc gain KARACHI: The rupee registered a substantial 2.91% gain against the US dollar during the previous week as ... Published 10 Jul, 2023 06:52am
Markets Rupee sees marginal decline, settles at 277.9 against US dollar Currency depreciates 0.31% in inter-bank market Updated 07 Jul, 2023 08:33pm
Markets Dollar steadies as US economy stays resilient; eyes on nonfarm payrolls SINGAPORE: The dollar held tight ranges on Friday as investors awaited a key U.S. jobs report and weighed the... Published 07 Jul, 2023 09:14am
Markets Open market rates of foreign currencies KARACHI: Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Thursday (July 06,... Published 07 Jul, 2023 05:24am
Print Basis for fixation of base tariff: Rupee could hit 325 mark vs dollar by June 2024: PD ISLAMABAD: The Power Division is said to have projected that Pak rupee could touch Rs 325 per US$ by June 2024,... Updated 07 Jul, 2023 09:03am
Markets Dollar steady before Fed minutes; yen hovers below intervention zone TOKYO: The dollar drifted near the middle of its range of the past three weeks against major peers on Wednesday, as... Published 05 Jul, 2023 09:33am
Markets Open-market: rupee’s rise continues against US dollar Currency hovers at 277-280 level in open-market Updated 04 Jul, 2023 04:44pm
Markets Yen steady, markets on intervention alert; Aussie up before RBA decision SINGAPORE: The yen nudged up on Tuesday but remained vulnerable to more weakness, hovering near the key 145 per... Published 04 Jul, 2023 09:12am
Business & Finance Dar explains economic improvement ISLAMABAD: Finance Minister Ishaq Dar has said the Consumer Price Index (CPI) inflation in the month of June 2023... Published 04 Jul, 2023 05:07am
Markets Yen tentative, dollar soft as traders weigh Fed rate hike path SINGAPORE: The yen remained hunkered just below the psychologically important barrier of 145 per US dollar on... Published 03 Jul, 2023 09:22am
Markets PKR gains KARACHI: The inter-bank market was only open two days of the previous week, which saw the rupee gain 0.26% against... Published 03 Jul, 2023 06:04am
Opinion Criticality of foreign investment Apparently, foreign investors are finding it difficult to maintain sustainability of their businesses in Pakistan.... Updated 03 Jul, 2023 07:56am
Print Govt to collect Hajj expenses in USD from next year ISLAMABAD: Federal Minister for Religious Affairs Talha Mehmood on Sunday announced that all the intending pilgrims... Updated 03 Jul, 2023 12:41pm
Markets Yen weakens past key 145 per dollar level; yuan falls after China PMI data SINGAPORE: The yen weakened past 145 per dollar on Friday, a level which kept speculators wary of potential... Published 30 Jun, 2023 10:00am
Markets Dollar near 7-1/2-month high versus yen as central bankers reaffirm policy divergence TOKYO: The U.S. dollar hovered near a 7-1/2-month high against the Japanese yen after the heads of the respective... Published 29 Jun, 2023 09:37am
Markets Dollar flat; Aussie slides as inflation slows SINGAPORE: The US dollar was barely changed on Wednesday, with resilient economic data easing investor worries over... Published 28 Jun, 2023 10:25am
Markets Dollar holds firm ahead of US durable goods, housing data TOKYO: The US dollar held its ground against major currencies on Tuesday as tension in Russia simmered and traders... Published 27 Jun, 2023 10:27am
Print Dollar bonds jump on revised budget passage Shorter-dated securities see biggest gains with the 2024 bond adding more than 3 cents before retracing some of the gains Updated 27 Jun, 2023 09:07am
Markets Dollar pulls back from 15-month high vs rouble as Russia assessed NEW YORK: The dollar rose against the rouble on Monday, although it was off the 15-month high hit earlier in the... Published 26 Jun, 2023 09:33pm
Markets Turkiye lira dips 1.3% to near record low after central bank moves ISTANBUL: The Turkish lira weakened early on Monday, nearing last week’s record low after the central bank took... Published 26 Jun, 2023 01:14pm
Markets Asian FX subdued, Russian rouble falls after aborted mutiny The Malaysian ringgit hovered at a seven-month low on Monday as global growth concerns weighed on Asian currencies,... Published 26 Jun, 2023 11:16am
Markets Dollar steady as investors ponder over global rates, economic outlook SINGAPORE: The dollar held near a one-week high against its major peers on Monday as traders weighed the impact of... Published 26 Jun, 2023 09:39am
Markets PKR largely stable KARACHI: The Pakistani rupee remained largely stable in the outgoing week and traded in a narrow range over the five... Published 26 Jun, 2023 06:38am
Business & Finance Dollar higher against euro NEW YORK: The dollar was higher against the euro on Friday after data showed US business activity growth slowed in... Published 26 Jun, 2023 06:38am
Markets Dollar rises as hawkish central banks cast shadow over growth outlook; dent risk sentiment SINGAPORE: The dollar drew support from a bout of risk aversion on Friday as hawkish comments from global central... Published 23 Jun, 2023 10:47am
Markets Currency values in terms of Special Drawing Rights WASHINGTON: The International Monetary Fund (IMF), treasuries' department's currency values in terms of Special... Published 23 Jun, 2023 06:53am