Dollar drops as optimism spreads before Fed and BoE decisions LONDON: The US dollar sank from a one-week high against a basket of major peers on Tuesday as the mood in financial... Updated 01 Nov, 2022 02:45pm
Business & Finance US dollar climbs as Fed likely to deliver another big hike; sterling slumps NEW YORK/LONDON: The dollar gained across the board on Monday, regaining some ground it lost earlier in the month,... Published 01 Nov, 2022 05:55am
Editorials The rupee volatility EDITORIAL: The Federal Finance Minister Ishaq Dar has reportedly asked banks and exchange companies to maintain fair... Published 01 Nov, 2022 05:55am
Markets Japan likely spent record amount in October to prop up yen TOKYO: Japan will announce on Monday that it spent what was likely a record amount on currency intervention this... Published 31 Oct, 2022 12:19pm
Markets Asian FX drag as US dollar firms on hawkish Fed bets Asian currencies weakened on Monday as the greenback firmed after investors quashed hopes of a pivot on policy... Published 31 Oct, 2022 12:00pm
Markets Dollar climbs ahead of busy week for central banks LONDON: The dollar advanced on Monday, regaining some ground lost earlier in the month, at the start of a week... Updated 31 Oct, 2022 02:46pm
Business & Finance China’s factory, services activity skids on persistent COVID curbs BEIJING: China’s factory activity unexpectedly fell in October, weighed by softening global demand and strict... Published 31 Oct, 2022 09:28am
Opinion European retailers are on investors’ naughty lists this Christmas As the cost-of-living crisis squeezes consumers and shrinks disposable incomes, this year’s Christmas shopping... Published 29 Oct, 2022 05:55am
Markets Euro slips below parity, yen steady ahead of BOJ SINGAPORE: The euro held below parity on Friday as investors eyed a potential slowdown in future rate hikes by the... Published 28 Oct, 2022 10:10am
Markets Yen choppy after BOJ stays dovish, dollar edges lower SINGAPORE: The yen wobbled after the Bank of Japan on Friday maintained its ultra-low interest rates and dovish... Published 28 Oct, 2022 10:07am
Markets Dollar slips as bets mount for less hawkish Fed, euro above parity SINGAPORE: The dollar retreated on Thursday as market expectations mounted that the Federal Reserve will tone down... Published 27 Oct, 2022 09:59am
Markets Oil rises on strong crude demand, despite China fears LONDON: Oil rose on Thursday, extending a rally of nearly 3% in the previous session, as optimism over record U.S.... Updated 27 Oct, 2022 06:27pm
Markets Wages, not yen, key to when Japan shifts away from ultra low rates TOKYO: Solid wage growth, not a spiralling yen, is likely to be the trigger that drives the Bank of Japan away from... Published 26 Oct, 2022 02:40pm
Markets Dollar sags as bets build for less hawkish Fed TOKYO: The dollar wallowed near a three-week low versus major peers on Wednesday as more signs of economic weakness... Published 26 Oct, 2022 10:01am
Markets Indian rupee may fall at open after offshore yuan hits record low MUMBAI: The Indian rupee is expected to open slightly lower versus the dollar on Tuesday after the offshore Chinese... Published 25 Oct, 2022 11:30am
Markets Dollar eases amid bets on less hawkish Fed; sterling firm TOKYO: The safe-haven US dollar eased against peers on Tuesday amid signs Federal Reserve rate hikes are already... Published 25 Oct, 2022 10:09am
Markets Asian currencies mixed in thin trading, Chinese yuan falls most Asian currencies were mixed against a choppy US dollar in thin trading on Monday, with the Chinese yuan remaining... Published 24 Oct, 2022 11:39am
Markets Dollar fends off another suspected intervention from Japan SINGAPORE: Suspected Bank of Japan (BOJ) intervention gave only brief respite to the Japanese yen as the dollar... Published 24 Oct, 2022 11:31am
Markets Gold dips on firm dollar, but hopes of less aggressive Fed cap decline Gold prices slipped on Monday, having risen 1.8% in the previous session, as the US dollar firmed, although faint... Published 24 Oct, 2022 10:05am
Markets Japan’s yen jumps on suspected BOJ intervention, fails to keep gains SINGAPORE: The Japanese yen made a thumping 4 yen jump for a second straight session on Monday on suspected early... Published 24 Oct, 2022 09:44am
Business & Finance Dollar sinks vs yen, BOJ intervention suspected ahead of weekend NEW YORK: The US dollar tumbled against the yen on Friday, logging its biggest daily drop against the Japanese... Published 24 Oct, 2022 07:11am
Markets Dollar's rate in interbank market KARACHI: Interbank closing rates for dollar on Friday Published 22 Oct, 2022 05:42am
Markets Kerb buying and selling rate of US dollar KARACHI: Dollar buying and selling rate in the kerb market in rupees on Friday (October 21, 2022).... Published 22 Oct, 2022 05:42am
Markets Russian rouble firms towards 61 vs dollar on tax payments support MOSCOW: The rouble traded near 61 to the dollar on Friday and strengthened against the euro and yuan, supported by a... Published 21 Oct, 2022 01:59pm
Markets Asian currencies kept in check by aggressive US rate hike bets Emerging Asian currencies remained on the back foot against a resilient dollar on Friday as hawkish headlines from... Published 21 Oct, 2022 11:31am
Markets Indian rupee little changed after initial losses; US yields, RBI eyed MUMBAI: The Indian rupee recouped from its initial decline versus the US dollar and was little changed on Friday, as... Published 21 Oct, 2022 10:58am
Business & Finance Indian rupee edges up MUMBAI: The Indian rupee slipped to a record low versus the US currency on Thursday, before recovering to end the... Published 21 Oct, 2022 05:57am
Markets Yen softens past 150 per dollar for first time since 1990 LONDON: The dollar hit the symbolic level of 150 yen for the first time since 1990 on Thursday as the greenback was... Published 20 Oct, 2022 05:28pm
Markets Dollar rides surge in Treasury yields, yen treads near key 150 level SINGAPORE: The dollar loomed over major peers on Thursday as Treasury yields peaked at multi-year highs, while the... Published 20 Oct, 2022 09:18am
Business & Finance Illegal trading of US dollars: APAT demands action against bankers, traders LAHORE: The All Pakistan Anjuman-e-Tajran (APAT) has demanded of the federal and provincial government to identify... Published 20 Oct, 2022 07:11am