Millions of Afghans go hungry as winter cold bites PUL-E ALAM: Khurma had to borrow her neighbour’s shoes to walk to Pul-e Alam city to collect a cash handout being... Published 17 Jan, 2024 12:09pm
Markets Holiday thins trading after data nudges dollar higher SINGAPORE: Currency markets were lulled by holidays in Japan and the United States on Thursday, leaving the US... Published 23 Nov, 2023 09:56am
Business & Finance Indonesian rupiah drags weak Asian FX lower BENGALURU: Most Asian currencies and equities eased on Wednesday after a recent rally, as investors exercised ... Published 23 Nov, 2023 03:19am
Markets Open-market: rupee weakens further against US dollar The Pakistani rupee registered a further loss against the US dollar in the open market on Tuesday, while the local... Updated 31 Oct, 2023 07:34pm
Markets Dollar shortage worries push Indian rupee premiums to 2-month low MUMBAI: Concerns over a persistent shortage of US dollars drove the USD/INR overnight swap rate and forward premiums... Updated 31 Oct, 2023 11:03am
Markets Inter-bank market: rupee’s winning streak continues, settles at 278.58 against US dollar Local currency has now appreciated for 26 successive sessions Has cumulatively gained 10.24 % since it hit a record low of 307.1 in inter-bank market on Sept 5 Updated 12 Oct, 2023 07:03pm
Markets Dollar hovers near two-week lows ahead of inflation data SINGAPORE: The dollar was rooted near a two-week low on Thursday following minutes from the last US Federal Reserve... Published 12 Oct, 2023 09:01am
Business & Finance Indian rupee ends stronger MUMBAI: The Indian rupee closed stronger on Wednesday tracking Asian peers higher but potential upside on the local... Published 12 Oct, 2023 05:57am
Pakistan Two held in raid on forex firm PESHAWAR: The Commercial Banking Circle of Federal Investigation Agency (FIA) arrested two accused and recovered... Published 08 Oct, 2023 03:12am
Editorials Crackdown on smuggling EDITORIAL: The most recent scare about the economy, especially how complying with IMF conditions, inflated utility... Published 07 Oct, 2023 06:01am
World WB approves 600m USD loan to boost Philippines’ digital transformation MANILA: The World Bank said on Saturday that it has approved 600 million US dollars in financing for the Philippines... Published 01 Oct, 2023 02:59am
Life & Style Dr Huma Baqai’s book on foreign affairs launched KARACHI: Advisor to National Command Authority General Khalid Ahmed Kidwai (retd) has said that Saudi Arabia's... Published 16 Sep, 2023 03:03am
Markets Dollar tentative, kiwi jumps as NZ inflation data tempers rate doves SINGAPORE: The dollar held just above an over one-year low on Wednesday as traders assessed the US rate outlook,... Published 19 Jul, 2023 11:13am
Business & Finance ‘Investors’ confidence increases after IMF deal’ LAHORE: After the endorsement of the IMF programme, the confidence of local and foreign investors will increase to... Published 19 Jul, 2023 03:21am
Markets Open-market: US dollar strengthens as demand surges The Pakistani rupee weakened nearly 1.6% against the US dollar in the open-market on Thursday, while dealers said... Updated 08 Jun, 2023 09:32pm
Markets Dollar sags as Fed bets ebb, debt bill passes; Aussie soars TOKYO: The US dollar wallowed near a one-week low versus major peers on Friday, on course for its worst week since... Published 02 Jun, 2023 09:35am
Print Debit, credit cards: ECAP suggests 10pc tax on shopping abroad KARACHI: Exchange Companies of Pakistan (ECAP) Chairman Malik Muhammad Bostan Thursday suggested early imposition of... Updated 02 Jun, 2023 12:07pm
Opinion Things look grim, but all is not lost Large-Scale Manufacturing (LSM) and export-oriented industry are stressed as never before. They present a depressing... Updated 29 Apr, 2023 07:35am
Print Auction for CDA plots: Investors making payments in USD to get incentives: Dar ISLAMABAD: Finance Minister Ishaq Dar has directed that for the auction of the Capital Development Authority (CDA)... Updated 27 Apr, 2023 11:32am
Markets Gold at one-week peak as dollar slides NEW YORK: Gold prices gained 1% on Wednesday as strong Chinese economic data dented the dollar and drove some bets... Published 02 Mar, 2023 06:23am
Markets Majority of global asset managers still not investing responsibly: ShareAction LONDON: Global asset managers controlling trillions of dollars are failing to invest in a way that will protect... Updated 26 Feb, 2023 12:49pm
Pakistan FIA smashes gang involved in sale of fake dollars LAHORE: A team of FIA Cyber Crime Circle Lahore has smashed a gang allegedly involved in the sale of fake US ... Published 25 Feb, 2023 06:23am
Markets Highly critical: SBP-held foreign exchange reserves fall $170mn, now stand at mere $2.92bn Total liquid foreign reserves held by the country stood at $8.54 billion Published 09 Feb, 2023 07:03pm
Markets Dollar flat after Fed official comments; focus on CPI data next week SINGAPORE: The US dollar was little changed on Thursday as investors looked ahead to next week’s US inflation data... Published 09 Feb, 2023 09:37am
Pakistan Surge in dollar’s value fuels shortage of drugs, surgical instruments LAHORE: After the surge in value of US dollars, the scarcity of life-saving drugs and surgical instruments was... Published 09 Feb, 2023 06:02am
Markets Dollar on the front foot after robust U.S. jobs data, yen falters SINGAPORE: The dollar extended its rally on Monday after a strong U.S. jobs report suggested the Federal Reserve... Published 06 Feb, 2023 09:40am
Business & Finance Indian refiners pay traders in dirhams for Russian oil NEW DELHI: Indian refiners have begun paying for most of their Russian oil purchased via Dubai-based traders in... Updated 04 Feb, 2023 10:15am
Markets Gold surges to new peak on back of rupee depreciation, speculation Association chief urges public to stop trading gold until IMF programme resumes Published 28 Jan, 2023 07:05pm
Markets Analysts weigh in: rupee’s latest depreciation has wider implications, outcomes Experts believe LC issue will be resolved, inflation along with remittances to increase in short term Updated 27 Jan, 2023 07:04pm
Pakistan Bid to smuggle $135,000 to Bangkok foiled KARACHI: The Collectorate of Customs, Jinnah International Airport, Karachi, on Wednesday foiled an attempt to... Published 26 Jan, 2023 05:58am
Attachment of bank accounts of taxpayers: FBR orders sales tax/FED recovery only after approval by field committees
