Marginal decline KARACHI: The rupee decreased marginally during the previous week as it lost Re0.12 or 0.04% against the US dollar.... Published 03 Jun, 2024 06:30am
Business & Finance China’s yuan slips on weak PMI SHANGHAI: China’s yuan weakened on Friday after an official factory survey showed the country’s manufacturing... Published 03 Jun, 2024 06:30am
Business & Finance C$ gains despite GDP miss as US bond yields ease TORONTO: The Canadian dollar rose against its US counterpart on Friday as a drop in US bond yields offset increased... Published 03 Jun, 2024 06:30am
Business & Finance Australia, NZ dollars go flat SYDNEY: The Australian and New Zealand dollars took a breather on Friday after a week of choppy trading, with a... Published 03 Jun, 2024 06:30am
Business & Finance Dollar set for first monthly drop after US inflation readout NEW YORK: The dollar was lower on Friday and on track for its first monthly decline in 2024 after data showed US... Published 01 Jun, 2024 06:59am
Business & Finance Most Asian currencies subdued BENGALURU: Most Asian currencies moved in a narrow range on Friday but were set for monthly gains, while shares rose... Published 01 Jun, 2024 06:59am
Business & Finance Dollar drifts lower after revised data NEW YORK: The dollar fell on Thursday after revised data showed that gross domestic product - the broadest measure ... Published 31 May, 2024 06:58am
Markets Rupee closes the week unchanged KARACHI: The rupee closed the week unchanged at 278.21 against the US dollar as compared to the week earlier when ... Published 27 May, 2024 05:52am
Business & Finance Indian rupee ends slightly higher MUMBAI: The Indian rupee closed marginally stronger on Tuesday despite weakness in most Asian currencies, with... Published 22 May, 2024 05:54am
Markets Marginal decline KARACHI: After back-to-back positive weeks, the rupee saw a marginal decline as it depreciated Re0.09 or 0.03%... Published 20 May, 2024 05:44am
Business & Finance Dollar slides after US CPI data NEW YORK: The dollar fell on Wednesday after US consumer prices rose less than expected in April, indicating... Published 16 May, 2024 06:28am
Business & Finance Asian currencies: Malaysian ringgit hits 2-month high BENGALURU: Asian currencies eked out modest gains on Wednesday while stocks were mixed as investors braced for a key... Published 16 May, 2024 06:28am
Markets Marginal increase KARACHI: The rupee registered a marginal increase for the second consecutive week as it gained Re0.09 or 0.03%... Published 13 May, 2024 06:08am
Business & Finance Yuan softens after weaker PBOC guidance SHANGHAI: China’s yuan weakened against the dollar on Tuesday, pulling back from the previous day’s six-week ... Published 08 May, 2024 07:32am
Business & Finance Dollar edges lower but up against yen NEW YORK: The US dollar slipped on Tuesday but strengthened against the Japanese yen as expectations of large... Published 08 May, 2024 07:31am
Business & Finance Yuan surges to 6-week high SHANGHAI: China’s yuan had a catch-up rally and surged to a six-week high against the dollar on Monday, the first... Published 07 May, 2024 07:21am
Business & Finance Dollar weaker on renewed Fed rate cut hopes NEW YORK: The dollar index was lower on Monday for a fourth straight session as a softer-than-expected US jobs ... Published 07 May, 2024 07:18am
Business & Finance Australian dollar firmer SYDNEY: The Australian dollar edged higher on Monday as investors wagered the country’s central bank would sound... Published 07 May, 2024 07:17am
Markets A marginal increase KARACHI: The rupee registered a marginal increase against the US dollar in the previous week as it gained Re0.18 or... Published 06 May, 2024 05:30am
Business & Finance Yen slightly higher after suspected intervention NEW YORK: The yen was slightly stronger on the day on Thursday after a sudden rally late on Wednesday that traders ... Published 03 May, 2024 06:29am
Opinion Political stability critical to attaining sustainable external account stability The State Bank of Pakistan (SBP) has managed to maintain forex reserves despite facing substantial debt servicing... Updated 29 Apr, 2024 05:26am
Markets A slight decline KARACHI: The rupee registered a slight decline against the US dollar as it closed the week lower by Re0.08 or 0.2%.... Published 29 Apr, 2024 04:49am
Markets Europe’s STOXX 600 slides on geopolitical jitters PARIS: Europe’s main stock index notched its biggest one-day drop in over nine months on Tuesday, with miners and... Published 17 Apr, 2024 05:28am
Business & Finance Dollar buoyed by strong economy NEW YORK: The dollar briefly reached a five-month high against the euro on Tuesday and the yen fell to its lowest... Published 17 Apr, 2024 05:28am
Business & Finance Dollar jumps on central bank divergence NEW YORK: The euro stumbled to a five-month low against the dollar on Friday after the European Central Bank... Published 15 Apr, 2024 03:56am
Markets A minor gain KARACHI: The rupee ended with a minor gain against the US dollar, continuing a positive close for the sixth... Published 08 Apr, 2024 04:46am
Business & Finance Dollar hits two-week low NEW YORK: The dollar hit a two-week low on Thursday as economic data supported expectations for quick rate cuts in... Published 05 Apr, 2024 04:50am
Business & Finance Indian rupee ends at record closing low MUMBAI: The Indian rupee fell to its weakest closing level on record, pressured by dollar demand from importers,... Published 05 Apr, 2024 04:50am
Business & Finance Australia, NZ currencies rebound SYDNEY: The Australian and New Zealand dollars rebounded on Thursday as their US counterpart fell broadly after data... Published 05 Apr, 2024 04:50am
Markets Marginal increase KARACHI: The rupee increased marginally for the fifth consecutive week as it gained Re0.19 or 0.07% against the US... Published 01 Apr, 2024 05:34am
