Dollar holds firm on hawkish Fed bets, Aussie on back foot before RBA TOKYO: The US dollar held firm against major peers on Tuesday, following its biggest rally in two weeks after strong... Published 06 Dec, 2022 09:23am
Markets Rupee falls 0.1% against US dollar Settles at 223.91 against US dollar in inter-bank market Updated 05 Dec, 2022 07:57pm
Markets Dollar soft as China reopening hopes boost risk sentiment SINGAPORE: The dollar struggled to gain a foothold on Monday and was languishing at five-month lows as traders... Published 05 Dec, 2022 09:53am
Opinion Inflation: the fault is in ourselves Inflation has reached politically untenable levels in the ongoing year, considerably higher than the high rates... Published 05 Dec, 2022 06:09am
Markets PKR witnesses one of most stable weeks KARACHI: The rupee saw one of its most stable weeks in recent times, appreciating 0.11% in the inter-bank market... Published 05 Dec, 2022 05:47am
Markets Dollar wobbles as inflation ebbs, eye on jobs data SINGAPORE: The dollar held firm on Friday but was pinned down near 16-week lows against a basket of major currencies... Published 02 Dec, 2022 10:28am
Markets Oil rises as China eases Covid curbs, dollar weakens NEW YORK: Oil rose about $2 a barrel on Thursday after top crude importer China eased Covid curbs in two major... Published 02 Dec, 2022 05:47am
Business & Finance Dollar lowest since August as inflation moderates NEW YORK: The US dollar dipped to 16-week lows against a basket of major currencies on Thursday after data showed... Published 02 Dec, 2022 05:47am
Markets SBP-held foreign exchange reserves fall $327mn, stand at $7.5bn Decrease comes on account of external debt repayment, says central bank Published 01 Dec, 2022 06:57pm
Markets Dollar plunges to 3-month low vs yen as Powell says Fed to go slow TOKYO: The dollar tumbled to a three-month low versus the yen on Thursday as traders focused on comments by Federal... Published 01 Dec, 2022 09:44am
Markets Rupee closes unchanged against US dollar for second day Currency ends at Rs223.95 in inter-bank market Updated 30 Nov, 2022 08:58pm
Markets Dollar near one-week high as traders prepare for Powell, payrolls tests TOKYO: The US dollar stuck close to a one-week high on Wednesday, holding on to gains from a three-day rally, as... Published 30 Nov, 2022 09:28am
Business & Finance Aussie jumps on China reopening hopes NEW YORK: The Aussie bounced back on Tuesday as sentiment improved on hopes that China would reopen from COVID... Published 30 Nov, 2022 06:52am
Business & Finance Indian rupee ends weaker MUMBAI: The Indian rupee ended slightly weaker against the US dollar on Tuesday, unable to take advantage of the... Published 30 Nov, 2022 06:47am
Markets Most Asian currencies hold firm against dollar, ringgit declines Most Asian currencies recovered marginally on Tuesday, with the South Korean won and Singapore dollar leading gains,... Published 29 Nov, 2022 11:08am
Markets Dollar holds firm as China’s COVID-related worries weigh The dollar held its overnight gains on Tuesday as concerns about unrest in China over COVID-19 restrictions dampened... Published 29 Nov, 2022 09:31am
Business & Finance Indian rupee recovers MUMBAI: The Indian rupee recovered its opening losses to end largely flat against the dollar, while forward premiums... Published 29 Nov, 2022 05:57am
Business & Finance Yen, Swiss franc gain on China concerns, dollar drops NEW YORK: The safe-haven Swiss franc and Japanese yen gained on Monday, while the Aussie dollar and Chinese yuan... Published 29 Nov, 2022 05:57am
Business & Finance Russian rouble weakens MOSCOW: The Russian rouble weakened beyond 61 versus the US dollar in trading on Monday, pushed lower as rising ... Published 29 Nov, 2022 05:57am
Markets Dollar drops, yuan slumps on COVID unrest in China LONDON/SINGAPORE: The dollar fell sharply against Japan’s yen on Monday as investors focused on rare protests in... Published 28 Nov, 2022 05:27pm
Markets Dollar rises, yuan slumps as China’s COVID unrest spooks markets SINGAPORE: The dollar climbed on Monday as protests in China against the government’s anti-COVID policies made... Updated 28 Nov, 2022 11:23am
Business & Finance Sterling set for third straight weekly gain, but vulnerable LONDON: Sterling was slightly lower on Friday but still set for its third consecutive weekly gain against a ... Published 28 Nov, 2022 05:48am
Markets PKR remains largely stable KARACHI: The rupee remained largely stable during the previous week, depreciating 0.34% against the US dollar in the... Published 28 Nov, 2022 05:48am
Markets Dollar hovers near three-month low amid bets Fed will slow hikes LONDON: The US dollar edged up on Friday but stayed near a three-month low and on track for a weekly loss as the... Published 25 Nov, 2022 08:00pm
Markets Dollar headed for weekly loss as investors brace for slower Fed hikes SINGAPORE: The dollar stood close to a three-month low and was on track for a weekly loss on Friday, as the prospect... Published 25 Nov, 2022 10:30am
Markets SBP-held foreign exchange reserves fall $134mn, stand at $7.83bn Decrease comes on account of external debt repayment Published 24 Nov, 2022 08:12pm
Markets Rupee falls marginally, settles at 223.92 against US dollar Depreciates 0.05% in inter-bank market on Thursday Updated 24 Nov, 2022 07:01pm
Markets Dollar slips as risk sentiment improves after Fed minutes SINGAPORE: The US dollar was broadly weaker on Thursday as investors, encouraged the prospect of a slower pace of... Published 24 Nov, 2022 09:30am
Business & Finance Dollar down as US data released NEW YORK: The US dollar fell across the board on Wednesday, after data showed US business activity weakened further... Published 24 Nov, 2022 04:28am
Markets Dollar tentative as investors await Fed minutes SINGAPORE: The US dollar was steady on Wednesday as investors tempered their risk appetites ahead of the release of... Published 23 Nov, 2022 09:53am