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
Business & Finance Dollar falls to nearly 9-month low vs euro NEW YORK: The US dollar tumbled to a nearly 9-month low against the euro on Thursday after US inflation data... Published 13 Jan, 2023 06:05am
Markets LME copper eases as traders pause after strong rally London copper prices inched lower on Thursday, as traders took a breather following five straight sessions of gains... Published 12 Jan, 2023 09:52am
Markets Yen jumps; dollar tentative ahead of US inflation data SINGAPORE: The yen got a boost on Thursday on expectations that the Bank of Japan will review the side effects of... Published 12 Jan, 2023 09:39am
Business & Finance Dollar, euro rangebound NEW YORK: The dollar was little changed on Wednesday versus the euro and other major currencies as traders held off... Published 12 Jan, 2023 07:06am
Markets Dollar stands firm while traders await CPI SINGAPORE: The dollar held its ground on Wednesday, in spite of downward pressure from lower bond yields and higher... Published 11 Jan, 2023 09:49am
Markets Australian dollar holds firm as robust data add to rate case SYDNEY: The Australian dollar was consolidating recent hefty gains on Wednesday as upbeat economic data reinforced... Published 11 Jan, 2023 09:43am
Markets China’s yuan hits fresh 5-month high, dollar demand caps gains SHANGHAI: China’s yuan advanced further against the dollar for the fifth trading day on Tuesday, hitting a new... Published 10 Jan, 2023 12:04pm
Markets 15th successive decline: rupee falters against US dollar Currency down Re0.47 to close at 227.88 in inter-bank market Updated 10 Jan, 2023 06:24pm
Markets Dollar languishes as Fed rate hike fears recede; China reopening boosts optimism SINGAPORE: The US dollar languished near a seven-month low against other major currencies on Tuesday, as investors... Updated 10 Jan, 2023 11:15am
Opinion Faltering exports The textile exports are faltering since July 2022. They have been growing rapidly for the previous two years, but we... Updated 10 Jan, 2023 06:51am
Business & Finance Dollar hits 7-month trough vs euro NEW YORK: The US dollar on Monday fell to its weakest level in seven months against the euro as traders bet recent... Published 10 Jan, 2023 06:00am
Editorials Expenditure must be curtailed EDITORIAL: The government is in the throes of an acute dollar and rupee shortage (attributable to lack of fiscal... Updated 10 Jan, 2023 06:42am
Markets Dollar slips near seven-month lows after jobs data LONDON: The U.S. dollar on Monday neared its lowest in seven months against other major currencies, after data last... Published 09 Jan, 2023 05:43pm
Markets Dollar slips on China re-opening and hopes of slower US rate hikes SINGAPORE: The US dollar was on the back foot on Monday as China’s re-opening of its borders, and increasing hopes... Published 09 Jan, 2023 10:39am
World Egyptians hit by soaring food prices as dollar crunch bites CAIRO: Public anger has been growing for months in Egypt over a severe dollar crunch and soaring food prices. But... Published 09 Jan, 2023 07:36am
Markets PKR declines 0.31pc KARACHI: The rupee depreciated 0.31% against the US dollar in the inter-bank market, according to the State Bank of... Updated 09 Jan, 2023 08:47am
Markets Kerb buying and selling rate of US dollar KARACHI: Dollar buying and selling rate in the kerb market in rupees on Friday (January 06, 2023).... Published 07 Jan, 2023 06:00am
Markets Dollar's rate in interbank market KARACHI: Interbank closing rates for dollar on Friday (January 06, 2023). ======================== Open Bid ... Published 07 Jan, 2023 06:00am
Markets 13th straight loss: rupee records marginal depreciation against US dollar Currency down Re0.02 to close at 227.14 against dollar Updated 06 Jan, 2023 07:32pm
Markets Dollar dips after jobs report, wage growth below expectations NEW YORK: The dollar pared earlier gains after US jobs data for December showed employers added 223,000 jobs in the... Updated 06 Jan, 2023 07:29pm
Opinion Equity mutual funds: a half year of turmoil The first half of fiscal year 2023 has come to an end, and will be remembered as a time where Pakistan lurched from... Updated 06 Jan, 2023 10:36am
Markets Gap between inter-bank and ‘open’ market rates on FCY transactions widens to over Rs24 KARACHI: Customers using their cards (debit or credit) to conduct foreign currency transactions will have to be... Published 05 Jan, 2023 05:58am
Opinion Slim chance of Asian equities rebounding 2022 turned out to be an annus horribilis for Asian equities as an uber-hawkish Fed and unrelenting dollar strength... Updated 05 Jan, 2023 06:26am
Opinion Pakistan: a state and its citizens in state of denial – II History cannot be undone; however, the complacency that crept in can somehow be brought to the surface. Given the... Updated 05 Jan, 2023 06:32am
Business & Finance US dollar dips before Fed minutes, Aussie jumps NEW YORK: The US dollar dipped on Wednesday before the Federal Reserve will release minutes from its December... Published 05 Jan, 2023 05:58am
Markets Dollar dips before Fed minutes, Aussie jumps on China coal imports NEW YORK: The US dollar dipped on Wednesday before the Federal Reserve will release minutes from its December... Published 04 Jan, 2023 08:31pm
Markets Euro finds footing, dollar wobbles toward Fed minutes SINGAPORE: The euro steadied on Wednesday and riskier currencies bounced, lifted by optimism China’s eventual... Updated 05 Jan, 2023 10:58am
Markets Oil dives 3.5pc; trade choppy on worries about global economy HOUSTON: Oil prices tumbled 3.5% in volatile trade on Tuesday, pressured by weak demand data from China, a gloomy... Published 04 Jan, 2023 06:02am
