Euro flirts with parity as Russian gas link enters planned shutdown LONDON: The euro held above parity versus the dollar on Monday as the biggest single pipeline carrying Russian gas... Published 11 Jul, 2022 03:22pm
Business & Finance Dollar mostly flat as traders await key US data NEW YORK: The dollar traded little changed against the euro and other trading currencies on Thursday, though ... Published 08 Jul, 2022 08:25am
Markets Open market rates of foreign currencies KARACHI: Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Thursday (July 07,... Published 08 Jul, 2022 05:36am
Opinion Economy: daunting challenges Since assuming power the coalition government of Pakistan Democratic Movement (PDM) has been facing multiple... Published 08 Jul, 2022 05:36am
Markets Kerb buying and selling rate of US dollar KARACHI: Dollar buying and selling rate in the kerb market in rupees on Thursday (July 07, 2022).... Published 08 Jul, 2022 05:36am
Business & Finance Canadian dollar strengthens as trade surplus hits widest in 14 years TORONTO: The Canadian dollar strengthened against its US counterpart on Thursday as oil prices rebounded and data... Published 08 Jul, 2022 05:36am
Markets No respite ahead for India’s rupee, one in three expect 80 per dollar soon BENGALURU: India’s rupee will trade near its historic low in three months, battered by widening trade and current... Published 07 Jul, 2022 09:06am
Markets Euro hovers near 20-year low on recession worries TOKYO: The euro hovered near a two-decade low against the dollar on Thursday as Europe’s energy woes cast a long... Published 07 Jul, 2022 09:01am
Opinion Is sovereign default inevitable? – I Dr Rajendra Prasad, the first President of India, in his book ‘India Divided’, that he penned in 1945 stated ... Published 06 Jul, 2022 05:35am
Business & Finance RDA inflows hit historic high of $4.6bn KARACHI: Inflows of Roshan Digital Account (RDA) continued to post healthy growth, reaching historic level of $4.6... Updated 06 Jul, 2022 10:05am
Markets Rupee gains against dollar, closes at 204.56 Expectations of IMF programme revival continues to drive appreciation Updated 04 Jul, 2022 07:40pm
Markets India to address volatility in rupee against the dollar NEW DELHI: India is trying to “address volatility” in the Indian rupee that has tumbled to record lows against the... Published 04 Jul, 2022 03:09pm
Markets Dollar holds firm as growth fears stalk markets SINGAPORE: The dollar kept trade-sensitive currencies pinned near multi-year lows on Monday and the euro was under... Published 04 Jul, 2022 10:04am
Markets Ogra increases LPG price by Rs2/kg for July ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) has increased on Friday the Liquefied Petroleum Gas (LPG)... Published 02 Jul, 2022 04:10am
Markets Dollar boosted by safety bid on rising recession fears NEW YORK: Pessimism about the outlook for the global economy boosted demand for the safe haven U.S. dollar on Friday... Published 01 Jul, 2022 08:14pm
Markets Dollar heads for weekly gain as investors weigh rates, recession risks TOKYO: The dollar was little changed against major peers on Friday, but was on track for its best week in four as... Published 01 Jul, 2022 12:34pm
Markets Japanese stocks drop 1.5pc as production data fans slowdown fears TOKYO: Japanese stocks dropped on Thursday, losing more than 1.5% after data showed that monthly industrial... Published 01 Jul, 2022 06:13am
Business & Finance US dollar share of FX reserves steady in Q1, euro share dips, says IMF NEW YORK: The US dollar’s share of currency reserves reported to the International Monetary Fund was 58.8% in the... Published 01 Jul, 2022 06:13am
Print Apparel exporters demand govt freeze ‘dollar, euro exchange rates’ KARACHI: Apparel textile makers-cum-exporters have demanded of the federal government to freeze the dollar and euro... Updated 01 Jul, 2022 11:03am
Markets Euro under pressure as inflation fears send investors to dollar haven SINGAPORE/HONG KONG: The euro struggled to regain a footing on Thursday, having tumbled overnight against a... Published 30 Jun, 2022 10:08am
Markets Asia FX tick up on US economy strength; stocks stumble on high yields Many Asian currencies advanced on Tuesday, as recessionary fears were eased in part by positive economic data from... Published 28 Jun, 2022 10:32am
Print Russia, rejecting default, tells investors to go to western financial agents MOSCOW: Russia rejected claims on Monday that is had defaulted on its external debt for the first time in more than ... Updated 28 Jun, 2022 09:36am
Business & Finance FE-25 Deposits: SBP revises currency-wise reporting format KARACHI: The State Bank of Pakistan (SBP) has revised the format for currency-wise reporting of FE-25 Deposits. All... Published 28 Jun, 2022 06:10am
Markets Dollar finds support as investors put safety first SINGAPORE: The dollar and Japanese yen both found support in a choppy Asia session on Monday, benefiting from a bid... Updated 27 Jun, 2022 01:04pm
Markets PKR loses its value in four of five sessions KARACHI: The rupee closed last week with a 0.61% gain against the US dollar, but not before it had plummeted to its... Published 27 Jun, 2022 06:06am
Business & Finance US dollar slides as markets re-evaluate Fed rate path LONDON/NEW YORK: The US dollar slipped on Friday and was on track for its first weekly decline this month, as ... Published 25 Jun, 2022 04:42am
Markets Dollar stumbles as markets rethink interest rate path LONDON: The US dollar slipped on Friday and was heading for its first weekly decline this month as traders dialled... Updated 24 Jun, 2022 04:19pm
Markets Critical level: SBP-held foreign exchange reserves plummet to $8.24bn Massive decrease of $748mn occurs on a weekly basis SBP says reserves expected to increase in coming days on realisation of proceeds of CDB loan Published 23 Jun, 2022 07:34pm
Opinion Demystifying FDI In an article carried by this newspaper on May 15, 2022 I gave the projected foreign exchange cash flow of the state... Updated 23 Jun, 2022 09:34am
Markets Dollar gains on growth fears ahead of Fed chair’s remarks HONG KONG: The safe haven dollar gained ground on most peers on Wednesday as investors turned nervous again about... Published 22 Jun, 2022 11:49am
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?
In historic visit, Iran President Raisi says decision made to increase bilateral trade five-fold to $10bn