PKR: A woeful week KARACHI: The rupee had a woeful previous week, losing value in all five sessions for a cumulative fall of over 4% to... Published 12 Sep, 2022 06:01am
Business & Finance Speculators raise net long US dollar bets NEW YORK: Speculators’ net long positioning on the US dollar rose in the latest week to its highest since early... Published 12 Sep, 2022 06:01am
Markets Kerb buying and selling rate of US dollar KARACHI: Dollar buying and selling rate in the kerb market in rupees on Friday (September 09, 2022).... Published 10 Sep, 2022 04:14am
Markets Dollar relaxes after steep climb, euro gains on ECB hike SINGAPORE: The dollar took a breather from its surging rally on Friday as markets digested yet more hawkish Fed... Published 09 Sep, 2022 10:49am
Markets Stocks post marginal gains KARACHI: Pakistan Stock Exchange Thursday witnessed another rangebound session as the rupee continued its... Published 09 Sep, 2022 06:09am
Business & Finance US dollar gains as Fed doubles down on tightening stance; euro falls NEW YORK: The US dollar rose on Thursday after Federal Reserve Chair Jerome Powell reiterated that it will continue... Published 09 Sep, 2022 06:09am
Markets SBP-held foreign exchange reserves increase to $8.8bn after inflow from IMF Central bank says it received $ 1.166bn under EFF programme Updated 08 Sep, 2022 08:12pm
Markets Dollar resumes climb in Asia as Powell speech, ECB loom TOKYO: The dollar resumed its rise in Asia on Thursday after falling back from a two-decade high overnight, as... Published 08 Sep, 2022 09:18am
Business & Finance Sterling plunges to weakest vs the dollar since 1985 LONDON: Britain’s battered pound fell to its lowest level against the US dollar since 1985 on Wednesday, lurching... Published 08 Sep, 2022 05:43am
Business & Finance Australian dollar set to test July low as risk aversion hits SYDNEY: The Australian dollar was set to test its July low on Wednesday, as a surging US dollar, underwhelming... Published 08 Sep, 2022 05:43am
Markets U.S. dollar soars to 24-year high vs yen, 37-year peak vs sterling LONDON/NEW YORK: The dollar surged to a 24-year peak against the yen and a 37-year high versus sterling as Japan's... Published 07 Sep, 2022 08:08pm
Markets King dollar crushes yen as aggressive Fed bets ramp up TOKYO: The dollar hit a 24-year high against the yen on Wednesday after U.S. economic data reinforced the view that... Published 07 Sep, 2022 10:35am
Markets Dollar hits fresh peak against yen on bets for aggressive Fed TOKYO: The dollar hit a 24-year peak against the yen and reached new highs versus the Australian and New Zealand... Published 07 Sep, 2022 09:06am
Opinion Economy: no light at the end of the tunnel In my personal view a primary problem with regard to Pakistan’s economy is that there is a lack of complete and... Published 07 Sep, 2022 04:13am
Markets Open market rates of foreign currencies KARACHI: Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Tuesday (September... Published 07 Sep, 2022 04:13am
Markets Yen falls to 24-year low, dollar bulls hold steady SINGAPORE: The dollar took a breather on Tuesday after a sweeping rally but notched a fresh 24-year high against the... Published 06 Sep, 2022 11:14am
Markets Rupee trading in range of 230-232 in open market as spread with inter-bank widens Smuggling, low availability of dollar for importers widening gap, say currency dealers Updated 05 Sep, 2022 08:09pm
Markets Indian rupee may open tad lower after dollar index hits 2-decade high above 110 MUMBAI: The Indian rupee may open slightly weaker against the US currency on Monday after the dollar index scaled a... Published 05 Sep, 2022 12:03pm
Markets Australia, NZ dollars slide as concerns about global growth mount SYDNEY: The Australian and New Zealand dollars slid on Monday as risk sentiment turned sour after Russia’s halt of a... Published 05 Sep, 2022 11:58am
Markets Euro hits 20-year low on Russian gas halt SINGAPORE/TOKYO: The euro fell below 99 cents for the first time in nearly two decades, while sterling was on the... Updated 05 Sep, 2022 12:43pm
Markets PKR remains largely stable KARACHI: The rupee remained largely stable during the previous week, gaining 0.8% against the US dollar as the ... Published 05 Sep, 2022 07:10am
Markets Dollar near two-decade high ahead of US jobs data LONDON: The dollar was headed for its third weekly gain in a row and was near two-decade highs against other major... Updated 02 Sep, 2022 03:05pm
Markets Oil slides 3pc as China lockdowns stoke demand fears HOUSTON: Oil prices tumbled 3% on Thursday, as new COVID-19 lockdown measures in China added to worries that high... Published 02 Sep, 2022 06:00am
Business & Finance Dollar jumps to 20-year high NEW YORK: The dollar index hit a 20-year high on Thursday, and notched a 24-year peak against the rate-sensitive... Published 02 Sep, 2022 06:00am
Markets Alarming level: SBP-held foreign exchange reserves fall $113mn, now stand at $7.7bn $1.16 billion received from IMF will be reflected in reserves next week Published 01 Sep, 2022 08:00pm
Markets Indian rupee seen lower, Fed rate outlook weighs on Asian peers MUMBAI: The Indian rupee is tipped to open lower against the dollar on Thursday, as prospects of further aggressive... Published 01 Sep, 2022 11:39am
Markets China’s yuan extends weakness, but persistently firmer fixing checks losses SHANGHAI: China’s yuan traded around the key 6.9-per-dollar level on Thursday, as a persistently... Published 01 Sep, 2022 10:48am
Markets Yen sinks to new 24-year low against dollar LONDON: The yen plunged to a new 24-year low against the dollar on Thursday as Japan sticks with its long-standing... Updated 01 Sep, 2022 09:02pm
Opinion A drifting economy It is quite distressful to see the nascent economic recovery ceding way to the same uncertainty and drift that... Published 01 Sep, 2022 05:50am
Pakistan Govt increases petrol price by Rs2.07, takes it to Rs235.98 per litre Price of diesel also increased by Rs2.99 per litre, new rate at Rs247.43 Published 01 Sep, 2022 12:24am