After the IMF tranche On December 16, 2021 at a Hamdard University seminar where Dr Miftah Ismail was another speaker, I had said that... Updated 14 Feb, 2023 01:05pm
Business & Finance Dollar hits six-week peak vs yen NEW YORK: The dollar rose to six-week highs against the rate-sensitive Japanese yen in choppy trading on Monday, on... Published 14 Feb, 2023 05:58am
Markets Dollar gains on yen as US yields rise ahead of key CPI data TOKYO/LONDON: The dollar was testing a five-week high versus major peers on Monday, particularly gaining against the... Published 13 Feb, 2023 06:56pm
Markets Fed rate outlook to push Indian rupee lower; US inflation data key this week MUMBAI: The Indian rupee is likely to open lower against the dollar on Monday, tracking losses in Asian currencies... Published 13 Feb, 2023 10:52am
Markets Dollar hangs near 5-week high as inflation data looms; yen slips TOKYO: The dollar hovered near a five-week high against major peers on Monday on rising bets for prolonged Federal... Published 13 Feb, 2023 10:04am
Markets Week ends on optimistic note KARACHI: The Pakistani rupee witnessed an optimistic week as it appreciated 2.71% against the US dollar to close at... Published 13 Feb, 2023 05:57am
Business & Finance Raw materials, PKR, inflation: pharma industry urges govt to help resolve issues LAHORE: In the wake of increase in the prices of raw material, devaluation of Pakistani rupee and unprecedented... Published 11 Feb, 2023 07:36am
Markets Dollar defensive as investors remain cautious ahead of inflation data SINGAPORE: The dollar was on the back foot on Friday after an overnight slide as investors tread with caution ahead... Published 10 Feb, 2023 11:24am
Markets Copper prices advance on weak dollar LONDON: Copper prices rebounded on Thursday, buoyed by a slide in the dollar and bets that China’s lacklustre... Published 10 Feb, 2023 03:56am
Business & Finance US dollar tumbles as Fed outlook weigh **NEW YORK: The US dollar fell across the board on Thursday, moving in line with lower Treasury yields, as investors... Published 10 Feb, 2023 03:56am
Markets Highly critical: SBP-held foreign exchange reserves fall $170mn, now stand at mere $2.92bn Total liquid foreign reserves held by the country stood at $8.54 billion Published 09 Feb, 2023 07:03pm
Markets Rupee gains 1.04%, closes at 270.51 against US dollar Market optimistic over expected IMF deal Currency could remain under pressure until inflows from bilateral and multilateral institutions are materialised Updated 09 Feb, 2023 05:37pm
Markets Russian rouble slides to one-month low vs dollar MOSCOW: The rouble weakened on Wednesday, sliding to a one-month low against the dollar ahead of two OFZ treasury... Published 08 Feb, 2023 01:10pm
Markets Dollar pulls back as Powell sticks to usual Fed playbook SINGAPORE: The dollar eased on Wednesday after Federal Reserve Chair Jerome Powell failed to offer fresh signs of a... Published 08 Feb, 2023 11:11am
Business & Finance Japan confirms FX interventions TOKYO: Japan confirmed on Tuesday that it did intervene in the foreign exchange market twice in October to support... Published 08 Feb, 2023 07:48am
Markets Oil surges over 3pc as Fed’s Powell eases rate hike concerns NEW YORK: Oil prices climbed more than 3% on Tuesday after the head of the US central bank eased market concerns ... Published 08 Feb, 2023 06:10am
Business & Finance Iraq bumps up dinar’s value to stem fluctuations BAGHDAD: Iraq on Tuesday nudged up the value of its local currency against the dollar in an effort to stabilise the... Published 08 Feb, 2023 06:10am
Business & Finance US dollar skids from 1-month peak after Powell’s speech NEW YORK: The dollar fell from one-month highs on Tuesday after US Federal Reserve Chair Jerome Powell doubled down... Published 08 Feb, 2023 06:10am
Markets Dollar pauses bullish run; Aussie jumps after RBA rate decision SINGAPORE: The dollar eased on Tuesday from its rally at the start of the week, but hovered near a one-month peak as... Published 07 Feb, 2023 09:49am
Markets Resilient dollar pressures Asian FX as markets eye rate path The Malaysian ringgit led losses among Asian emerging currencies on Tuesday, as markets weighed hawkish signals from... Published 07 Feb, 2023 09:41am
Markets China’s yuan off one-month low on signs of de-escalation in Sino-US tensions SHANGHAI: China’s yuan edged higher on Tuesday from a one-month low against the dollar hit a day earlier, supported... Published 07 Feb, 2023 09:30am
Opinion Dollar’s gyrations raise hedging costs for US companies Wild swings in global currencies hammered corporate earnings in the past year, and while forex markets have gotten... Published 07 Feb, 2023 06:57am
Editorials Runaway inflation EDITORIAL: Consumer Price Index (CPI) rose by 27.6 percent year on year in January against 24.5 percent the month... Published 07 Feb, 2023 06:36am
Markets Oil rises in choppy trade on China demand hopes HOUSTON: Oil prices edged higher in choppy trading on Monday as markets weighed a return in demand from China ... Published 07 Feb, 2023 06:07am
Markets Copper falls to near 4-week low on firm dollar LONDON: London copper prices hit their lowest in nearly four weeks on Monday as a firm dollar made greenback-priced... Published 07 Feb, 2023 06:07am
Markets Dollar steady after robust US jobs data, lira hits record low LONDON/SINGAPORE: The dollar held firm against the euro on Monday, with traders taking the view the US Federal... Published 06 Feb, 2023 02:33pm
Markets Dollar on the front foot after robust U.S. jobs data, yen falters SINGAPORE: The dollar extended its rally on Monday after a strong U.S. jobs report suggested the Federal Reserve... Published 06 Feb, 2023 09:40am
Business & Finance Dollar jumps after ‘monster’ job report NEW YORK: The dollar jumped on Friday after data showed that US employers added significantly more jobs in January... Published 06 Feb, 2023 07:18am
Markets A cumulative fall of 5.05pc KARACHI: Barring one session, the rupee depreciated throughout the previous week, ending with a cumulative fall of... Published 06 Feb, 2023 06:20am
Opinion The mishandling of economy continues Finance Division in the January 2023 Economic Update/Outlook noted that fiscal deficit July-November 2022 was 1169... Published 06 Feb, 2023 06:20am
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?