PKR: slide yet to be arrested KARACHI: The rupee’s losing ways in the inter-bank market continued during the previous week as the currency... Published 23 Jan, 2023 05:57am
Markets Iranian currency falls to record low amid isolation and sanctions DUBAI: Iran’s troubled currency fell to a record low against the U.S. dollar on Saturday amid the country’s... Published 21 Jan, 2023 09:13pm
Business & Finance Yellen says a US default could cause global financial crisis DAKAR/WASHINGTON: US Treasury Secretary Janet Yellen said on Friday that a potential US default could cause a global... Published 21 Jan, 2023 06:41am
Markets Dollar surges against the yen as nerves fray over economic outlook LONDON: The dollar was heading for its biggest one-day rally against the yen in two weeks on Friday, after the Bank... Published 20 Jan, 2023 06:22pm
Markets Dollar subdued as growth concerns mount, yen retreats SINGAPORE: The US dollar struggled for direction on Friday as fears of an economic slowdown dented risk sentiment,... Updated 20 Jan, 2023 10:49am
Markets Australia, NZ dollars recover ground on a wobbly dollar; bonds rally SYDNEY: The Australian and New Zealand dollars recovered some ground on Friday after fears of a US recession led... Published 20 Jan, 2023 10:19am
Business & Finance US dollar dips vs major peers after mixed data NEW YORK: The dollar slid on Thursday against major currencies in choppy trading as a slew of data continued to show... Published 20 Jan, 2023 06:10am
Markets Sterling clings to recent gains LONDON: Sterling on Thursday held onto the bulk of its gains against the dollar from the previous day as inflation... Published 19 Jan, 2023 05:43pm
Markets Dollar slips after weak data while yen ticks up LONDON/SINGAPORE: The dollar slipped on Thursday after a raft of data showed the U.S. economy is losing momentum,... Published 19 Jan, 2023 05:32pm
Markets Aussie falters on soft jobs data, kiwi calm after Ardern resignation SYDNEY: The Australian dollar reversed a recent rally on Thursday, as rising fears of a US recession and soft local... Published 19 Jan, 2023 09:54am
Markets Dollar rises on safe haven bids; yen regains footing SINGAPORE: The dollar rose broadly on Thursday as growth concerns about the US economy drove demand for the... Published 19 Jan, 2023 09:16am
Markets Oil edges up on expectations of tight market LONDON: Oil futures rose slightly on Thursday, recouping losses from earlier in the session as an expected rise in... Updated 19 Jan, 2023 08:26pm
Print Dollar manipulation: SBP concludes probe KARACHI: The State Bank of Pakistan (SBP) has completed the investigation against private banks allegedly involved... Updated 19 Jan, 2023 11:19am
Print Forex: industry makes prudent move ISLAMABAD: The country’s struggling industry has sought government’s nod to use foreign exchange (dollars)... Updated 19 Jan, 2023 08:40am
Markets Yen sinks after BOJ sticks to ultra-easy policy SINGAPORE: The Japanese yen sank on Wednesday after the Bank of Japan maintained ultra-low interest rates,... Published 18 Jan, 2023 09:52am
Opinion Why the USD matters? Whenever I meet clients and investors, the one discussion I always end up having, regardless of market conditions, ... Updated 18 Jan, 2023 07:34am
Markets Oil prices hit two-week highs NEW YORK: Oil prices rose to their highest in two weeks on Tuesday after China posted weak but expectation-beating... Published 18 Jan, 2023 06:22am
Business & Finance US dollar falls vs major currencies NEW YORK: The dollar fell against most major currencies on Tuesday in choppy trading, weighed down by expectations ... Published 18 Jan, 2023 06:22am
Editorials IMF is first option; it’s our last option as well EDITORIAL: Pakistan’s economy is in a tailspin notwithstanding repeated claims to the contrary by Finance Minister... Published 18 Jan, 2023 06:22am
Markets Yen perched near 7-month high as BOJ decision looms SINGAPORE: The dollar drifted up from multi-month lows on Tuesday, while the yen was perched near seven-month highs... Published 17 Jan, 2023 09:46am
Print Remittances, export proceeds: ECAP seeks special exchange rate KARACHI: In order to enhance the foreign inflows, the Exchange Companies Association of Pakistan (ECAP) has... Updated 17 Jan, 2023 11:22am
Opinion Iraq’s currency in flux as foreign transfers come under scrutiny Iraq’s local currency has been on a two-month rollercoaster ride following a tightening of procedures for... Published 16 Jan, 2023 06:56am
Markets Oil posts biggest weekly gain since October NEW YORK: Oil prices settled more than a dollar a barrel higher on Friday, notching their biggest weekly gains since... Published 16 Jan, 2023 06:18am
Print PKR declines in all the five sessions KARACHI: The rupee depreciated in all 5 sessions against the US dollar during the previous week, falling 0.44% to... Published 16 Jan, 2023 06:18am
Markets Kerb buying and selling rate of US dollar KARACHI: Dollar buying and selling rate in the kerb market in rupees on Friday (January 13, 2023).... Published 14 Jan, 2023 06:22am
Markets Dollar's rate in interbank market KARACHI: Interbank closing rates for dollar on Friday (January 13, 2023). ======================== Open Bid ... Published 14 Jan, 2023 06:22am
Markets Dollar wobbles after US inflation data, yen on the rise SINGAPORE: The dollar swayed on Friday as cooling US inflation raised hopes of the Federal Reserve slowing the pace... Published 13 Jan, 2023 10:46am
Business & Finance Issues related to foreign exchange to be addressed soon: SBP governor KARACHI: Governor of State Bank of Pakistan (SBP) Jameel Ahmad has assured the business community of resolving the... Updated 13 Jan, 2023 10:55am
Opinion Managing sovereign default Nations can and do periodically default on their sovereign debt, despite the fact that they do so comparatively... Updated 13 Jan, 2023 07:41am
Markets Oil up more than $1 on US inflation data NEW YORK: Oil prices rose by more than $1 a barrel on Thursday, extending gains after figures showed U.S consumer... Published 13 Jan, 2023 06:05am