Weekly Review: Cotton prices fall as PKR appreciates against $ KARACHI: Along with the value of US dollar, the price of cotton also fell. A significant reduction of Rs 2,200 per... Updated 08 Aug, 2022 04:37pm
Print Market sentiment characterised by relative calm KARACHI: Some sense of calm prevailed through the markets during the previous week, with the rupee registering a... Updated 08 Aug, 2022 10:24am
Pakistan Govt was left with few options to avert default: Miftah Ismail Finance minister says rupee's movement determined by market dynamics and SBP did not intervene Says import ban on CBUs of cars, mobiles and home appliances will remain in place till September 2022 Updated 06 Aug, 2022 04:49pm
Markets Bulls in the ascendancy KARACHI: Pakistan Stock Exchange Friday witnessed another bullish session on the back of aggressive buying in almost... Published 06 Aug, 2022 04:02am
Business & Finance Govt to limit imports for next 3 months: Miftah Finance minister says government ready to risk slow down in growth Updated 06 Aug, 2022 12:12pm
Business & Finance Volatility in exchange rates: BMP underscores need for strict monitoring of banks, money market LAHORE: The Federation of Pakistan Chambers of Commerce and Industry’s Businessmen Panel (BMP) has asked the... Published 06 Aug, 2022 04:02am
Business & Finance Hikes in energy tariffs causing adverse impact on industry: APTPMA FAISALABAD: Current account & trade deficit and political instability, increase of US Dollar and energy prices... Published 06 Aug, 2022 04:02am
Markets Thai baht, South Korea’s won lead Asian currencies higher on tepid dollar The Thai baht appreciated 1% on Friday ahead of a central bank meeting next week which is expected to see the... Published 05 Aug, 2022 11:41am
Markets Dollar on backfoot ahead of key US jobs data SINGAPORE: The dollar struggled to gain a footing on Friday after falling by its sharpest pace in two weeks, as... Published 05 Aug, 2022 09:35am
Print Weak PKR exacts a toll on Wapda’s Eurobond as well Value of $500 mn collected through bond depreciates to $312 mn Updated 05 Aug, 2022 11:58am
Markets Dollar climbs as Fed officials suggest more rate hikes to come HONG KONG: The dollar was on the front foot on Thursday, helped by several US Federal Reserve officials pushing back... Published 04 Aug, 2022 09:33am
Pakistan ECP verdict: Imran should have resigned by now from PTI chairmanship, says Ahsan ISLAMABAD: Minister for Planning, Development and Special Initiatives Ahsan Iqbal on Wednesday said the government... Published 04 Aug, 2022 05:43am
Pakistan ECP ruling leaves positive impact on economy: Tarar LAHORE: Pakistan Muslim League-Nawaz (PML-N) leader Attaullah Tarar said on Wednesday that the ECP’s decision on... Published 04 Aug, 2022 05:43am
Markets Gold in tight range as dollar, T-bond yields pick up steam Gold prices edged up on Wednesday, pressured by a stronger dollar and Treasury yields as hawkish comments from U.S.... Published 03 Aug, 2022 11:35pm
Markets SBP to enhance monitoring of foreign exchange operations Says it has started inspections of a number of exchange companies and banks since Monday Updated 03 Aug, 2022 08:24pm
Markets Dollar dips as investors analyse Fed rate hike hints LONDON: The US dollar edged lower on Wednesday but held on to most of the previous day’s gains, after leaping on... Published 03 Aug, 2022 05:38pm
Opinion Pakistan needs a grand bargain? As we had warned the PDM (Pakistan Democratic Movement) government and their facilitators that the political mess... Published 03 Aug, 2022 04:55am
Print Oil outshines stocks and dollar in 2022 LONDON: Oil prices are proving resilient to global economic recession fears and have outperformed major equity... Published 02 Aug, 2022 06:31am
Business & Finance Asia posts biggest 6-month drop in FX reserves since 2015-16 SINGAPORE: Foreign exchange reserves in Asia have recorded their biggest six-month decline in years, a testament to... Published 02 Aug, 2022 05:36am
Markets Asia posts biggest 6-month drop in FX reserves since 2015-16 SINGAPORE: Foreign exchange reserves in Asia have recorded their biggest six-month decline in years, a testament to... Updated 01 Aug, 2022 02:05pm
Markets Dollar sinks to 6-week low to yen on bets for less aggressive Fed TOKYO: The dollar sank to a fresh six-week low to the yen on Monday as markets continued to wager that the Federal... Published 01 Aug, 2022 10:11am
Markets Tokyo rubber futures rise SINGAPORE: Japanese rubber futures rose on Friday, tracking gains in the Shanghai market and on expectation that... Published 31 Jul, 2022 05:39am
Markets Open market rates of foreign currencies KARACHI: Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Friday (July 29,... Published 30 Jul, 2022 03:39am
Markets Kerb buying and selling rate of US dollar KARACHI: Dollar buying and selling rate in the kerb market in rupees on Friday (July 29, 2022).... Published 30 Jul, 2022 03:39am
Print POL products’ prices: OMCs estimate up to Rs28.44/litre hike Prices of petrol and HSD will further increase if government includes Rs 7 per litre petroleum dealers’ margin Updated 30 Jul, 2022 12:38pm
Markets South African rand firms as dollar weakens on US growth worries South Africa’s rand firmed against the dollar in early trade on Friday, as the safe-haven currency weakened on signs... Published 29 Jul, 2022 12:23pm
Markets Dollar wallows near 6-week low to yen on view Fed to slow hikes TOKYO: The dollar languished near a six-week low to the yen amid a sharp retreat in Treasury yields after investors... Published 29 Jul, 2022 10:09am
Opinion Hint of a Fed pause opens door to Asia’s emerging markets As the United States pushes ahead with its steepest interest rate hikes in a generation, investors are unusually... Published 29 Jul, 2022 06:14am
Print IMF’s ‘pre-conditions’ already met, Senate panel told ISLAMABAD: A meeting of the Senate Standing Committee on Finance was informed that all the prior conditions of the... Updated 29 Jul, 2022 10:29am
Markets Dollar rebounds as traders wrestle with US rate view LONDON: The US dollar rebounded across the board on Thursday as investors digested the implications of the Federal... Published 28 Jul, 2022 05:48pm