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
Markets Dollar hits three-week low to yen as Fed’s Powell less hawkish than feared TOKYO: The dollar dropped to a three-week low versus the yen on Thursday after Federal Reserve Chair Jerome Powell... Published 28 Jul, 2022 10:47am
Markets Asian markets track post-Fed surge on Wall St, but caution urged HONG KONG: Asian markets rose Thursday following a surge on Wall Street fuelled by hopes that the Federal Reserve... Published 28 Jul, 2022 09:53am
Markets South Korean officials sound calmer as won hovers near 13-yr lows SEOUL: Two top South Korean officials shrugged off the won’s fall to 13-year low in a subtle change of stance amid... Published 28 Jul, 2022 04:41am
Business & Finance Sterling firm but held back by weak data, Fed LONDON: The British pound edged higher on Wednesday thanks to a broadly sturdy dollar but gains were capped by a... Published 28 Jul, 2022 04:41am
Print PKR slide: govt feels so helpless because there’s IMF condition Political uncertainty has been taking toll on local currency Updated 28 Jul, 2022 11:21am
Markets Dollar softens before looming Fed hike LONDON: The dollar edged further away from recent 20-year highs on Wednesday ahead of the US Federal Reserve policy... Published 27 Jul, 2022 01:18pm
Markets Euro fragile as Fed hike looms, gas risks weigh SINGAPORE: The euro nursed losses on Wednesday after its sharpest drop in two weeks, as a cut in Russian gas supply... Published 27 Jul, 2022 10:35am
Markets Dollar near recent peaks as Fed looms, growth fears weigh SINGAPORE: The dollar held just below multi-decade peaks on Tuesday as traders awaited a rate hike from the US... Published 26 Jul, 2022 10:23am
Business & Finance Pound struggles around $1.20 LONDON: Sterling held around the $1.20 level versus the US dollar on Monday as traders worried about the outlook of... Published 26 Jul, 2022 04:31am
Pakistan Politicians slammed for indulging in power struggle instead of improving economy KARACHI: The country’s political elites are far too busy fighting for power instead of giving any thought to the... Updated 24 Jul, 2022 06:53am
Opinion A reality check on country’s fiscal status The whole of the past week witnessed massive hammering of rupee (PKR) vis-à-vis the US dollar in the currency... Published 23 Jul, 2022 04:10am
Business & Finance Dollar slips after dismal US data NEW YORK: The US dollar slipped against a basket of currencies on Friday, after data showed US business activity... Published 23 Jul, 2022 04:10am