Trends - Yen - Business Recorder

Yen

Chinese yuan near one-month low after Fed signals quicker end to stimulus

The dollar index rose to a one-month high after the Fed said it would likely begin reducing its monthly bond purchases as soon as November and signalled interest rate increases may follow more quickly than expected

Published 23 Sep, 2021 10:37am

Markets

China's yuan near 1-month low, losses stemmed by Evergrande relief

In the spot market, onshore yuan opened at 6.4725 per dollar and fell to a low of 6.4737, the weakest level since Aug. 27

Published 22 Sep, 2021 11:12am

Markets

Tokyo shares open lower

The benchmark Nikkei 225 index dropped 0.31 percent or 93.92 points to 29,745.79 in early trade, while the broader Topix index fell 0.35 percent or 7.27 points to 2,057.28

Published 22 Sep, 2021 10:27am

Markets

Evergrande worries drag risk FX lower, dollar catches safety bid

Evergrande has been scrambling to raise funds to pay its many lenders, suppliers and investors

Published 20 Sep, 2021 01:55pm

Markets

Dollar dips as soft U.S. inflation weighs; Fed in focus next week

NEW YORK: The dollar slipped against major currencies on Wednesday after softer-than-expected U.S. inflation data...

Updated 15 Sep, 2021 11:58pm

Markets

China's yuan inches higher, but policy divergence seen weighing

The People's Bank of China set the yuan's daily midpoint rate at 6.4615 per dollar prior to the market open, firmer than Wednesday's fix of 6.4674

Published 09 Sep, 2021 12:12pm

Markets

Dollar little changed, euro steady ahead of ECB decision

The dollar index remained flat at 92.664, after three consecutive days of rises

Published 09 Sep, 2021 12:04pm

Markets

Asian markets hit by recovery worries as tech drags Hong Kong

After enjoying a broadly healthy run-up at the start of September, markets were again on the back foot as traders reassess their growth outlook for this year in light of the fast-spreading Delta variant

Published 09 Sep, 2021 10:34am

Markets

China's yuan edges up as PBOC official downplays imminent liquidity support

SHANGHAI: The yuan edged up against the dollar on Wednesday, despite gains in the greenback overseas, as remarks ...

Published 08 Sep, 2021 12:53pm

Markets

South African rand dips before second-quarter GDP data

On global markets, the dollar was 0.2% stronger against a basket of peers as investors awaited a European Central Bank meeting and more US data to gauge the policy outlook

Published 07 Sep, 2021 11:45am

Markets

China's yuan firms after strong export data

The People's Bank of China set the midpoint rate at 6.4533 per dollar prior to market open, 4 pips weaker than the previous fix of 6.4529

Published 07 Sep, 2021 11:38am

Markets

Dollar drifting as traders turn to central bankers

The possibility of a tapering delay in the United States, after weaker-than-expeced jobs data on Friday

Published 07 Sep, 2021 10:47am

Markets

Yuan inches up, gains capped as state banks purchase dollars

In the spot market, onshore yuan opened at 6.4550 per dollar and was changing hands at 6.4546 at midday, 39 pips firmer than the previous late session close

Published 06 Sep, 2021 10:40am

Markets

Asian markets mostly rise after Wall St record with eye on jobs

The broad gains put the region on course to end a strong week on a positive note as concerns about the fast-spreading Delta variant, which weighed on confidence for much of August, gave way to optimism over the recovery outlook

Published 03 Sep, 2021 11:14am

Markets

Yuan retreats after touching month high, weak services activity dampens

Traders say they are awaiting US non-farm payrolls due later in the session for more clues on when the Federal Reserve may begin to taper stimulus

Published 03 Sep, 2021 10:14am

Markets

South Korean won firms as Asian FX awaits US jobs data

The won firmed about 0.5% and was set to add nearly 1% over the week, its strongest weekly performance since mid-February

Published 03 Sep, 2021 10:12am

Markets

Dollar lost for direction awaiting Fed to set its path

On the back foot even before Fed Chair Jerome Powell's comments last Friday at Jackson Hole

Published 03 Sep, 2021 10:04am

Markets

Yuan edges down after weak factory activity, awaits more cues

The yuan opened at 6.4620 per dollar and was changing hands at 6.4623 at midday, 19 pips weaker from the previous late session close

Published 01 Sep, 2021 12:33pm

Markets

Rouble steadies near two-week high vs dollar, stocks climb

The rouble was flat at 73.53 against the dollar after briefly touching its strongest level since Aug. 18 of 73.4475. It also stabilised at 86.77 versus the euro

Published 30 Aug, 2021 12:54pm

Markets

China's yuan touches 3-week high after Fed's dovish stance

The dollar fell as Powell's comments indicated policymakers were in no hurry to exit stimulus and move towards raising rates

Published 30 Aug, 2021 11:17am

Markets

Dollar pinned as Powell plods toward tapering

It could be appropriate to start reducing the pace of asset purchases this year," Powell said in a speech

Published 30 Aug, 2021 11:15am

Markets

Most Asian currencies firm as waning taper fears pressure US dollar

South Korea's won rose as much as 0.6%, while Malaysian ringgit touched a near 2-month top as the dollar kept near two-week lows after Powell indicated on Friday there was no rush to tighten monetary policy

Published 30 Aug, 2021 10:21am

Markets

Pound pinned near $1.37, eyes first weekly gain in a month ahead of Jackson Hole

External drivers, such as movements in the dollar on the back of risk sentiment in world stock markets, have largely driven sterling in recent weeks

Published 27 Aug, 2021 01:44pm

Markets

Dollar awaits Powell's remarks as hawks urge early taper

The dollar index stood at 93.030, bouncing back from Thursday's low of 92.807 as the euro traded at $1.1755, having eased from the previous day's high of $1.1779

Published 27 Aug, 2021 10:32am

Markets

Dollar soft as traders look to Jackson Hole for taper clues

The dollar index, which measures the currency against six rivals, edged up 0.08% to 92.891

Published 26 Aug, 2021 12:53pm

Markets

South Korean stocks fall after central bank rate hike; others flat ahead of Powell speech

Investors are also awaiting Federal Reserve chair Jerome Powell's speech at the Jackson Hole symposium for clues over any tapering of stimulus measures

Published 26 Aug, 2021 12:52pm

Markets

Bearish bets soften on Asian FX as US dollar eases

Investors unwound their bearish bets on the Indian rupee to be slightly bullish for the first time since mid-June

Published 26 Aug, 2021 12:46pm

Markets

Yuan eases on softer-than-expected midpoint guidance, market eyes Jackson Hole

People's Bank of China set the midpoint rate at 6.4730 per dollar prior to the market open, barely changed from the previous fix of 6.4728

Published 26 Aug, 2021 11:14am

Markets

Dollar on back foot as Delta worries ease before Jackson Hole

The dollar index, which measures the currency against six rivals, edged up 0.05% to 92.867 after dropping to 92.801 overnight for the first time since Aug. 17

Published 26 Aug, 2021 11:11am

Markets

Yuan eases as Fed, PBOC policies set to diverge

The People's Bank of China (PBOC) set the midpoint rate at 6.4728 per dollar prior to the market open

Published 25 Aug, 2021 11:51am

Gainers
Losers
Leaders

Stock	Price
Pak Gen. Ins. / Sep 23 The Pakistan General Insurance Co. Ltd.(PKGI)	5.20 ▲ 1.00 (23.81%)
Tri-Star / Sep 23 Tri-Star Mutual Fund Limited(TSMF)	6.80 ▲ 0.90 (15.25%)
First Equity Mod. / Sep 23 First Equity Modaraba(FEM)	7.38 ▲ 0.69 (10.31%)
Samba Bank / Sep 23 Samba Bank Limited(SBL)	10.82 ▲ 1.00 (10.18%)
First Fid. Leas. / Sep 23 First Fidelity Leasing Modaraba(FFLM)	4.50 ▲ 0.41 (10.02%)
Sapphire Fib. / Sep 23 Sapphire Fibres Limited(SFL)	860.00 ▲ 60.00 (7.50%)
Abbott Lab. / Sep 23 Abbott Laboratories (Pakistan) Limited(ABOT)	797.00 ▲ 55.54 (7.49%)
Huffaz Pipe / Sep 23 Huffaz Seamless Pipe Industries Limited(HSPI)	24.86 ▲ 1.73 (7.48%)
Crescent Cotton / Sep 23 Crescent Cotton Mills Limited(CCM)	57.00 ▲ 3.90 (7.34%)
Data Agro / Sep 23 Data Agro Limited(DAAG)	22.99 ▲ 1.56 (7.28%)

Stock	Price
First IBL Mod. / Sep 23 First IBL Modaraba(FIBLM)	4.15 ▲ -0.75 (-15.31%)
Pak. P.V.C. / Sep 23 Pakistan PVC Limited(PPVC)	6.16 ▲ -1.00 (-13.97%)
Universal Ins. / Sep 23 The Universal Insurance Company Limited(UVIC)	4.53 ▲ -0.72 (-13.71%)
Colony Textile / Sep 23 Colony Textile Mills Limited(CTM)	5.29 ▲ -0.70 (-11.69%)
Nazir Cotton / Sep 23 Nazir Cotton Mills Limited(NCML)	7.50 ▲ -0.88 (-10.50%)
Ist Paramount / Sep 23 First Paramount Modaraba(FPRM)	6.40 ▲ -0.75 (-10.49%)
Pak Gulf Leas. / Sep 23 Pak-Gulf Leasing Company Limited(PGLC)	5.11 ▲ -0.59 (-10.35%)
Pervez Ahmed Cons. / Sep 23 Pervez Ahmed Consultancy Services Ltd.(PASL)	1.22 ▲ -0.12 (-8.96%)
Pak. Int. Airlines (A) / Sep 23 Pakistan International Airlines Corporation Limited (A)(PIAA)	4.38 ▲ -0.41 (-8.56%)
Dewan Farooque Motors / Sep 23 Dewan Farooque Motors Limited(DFML)	7.56 ▲ -0.69 (-8.36%)

Stock	Volume
Worldcall / Sep 23 Worldcall Telecom Limited(WTL)	89,101,500 ▼ 0.00
Hum Network / Sep 23 Hum Network Limited(HUMNL)	29,207,500 ▼ 0.00
Telecard Ltd. / Sep 23 Telecard Limited(TELE)	23,359,500 ▼ 0.00
Treet Corp. / Sep 23 Treet Corporation Limited(TREET)	18,751,500 ▼ 0.00
Byco Petroleum / Sep 23 Byco Petroleum Pakistan Limited(BYCO)	13,812,000 ▼ 0.00
Unity Foods / Sep 23 Unity Foods Limited(UNITY)	13,282,469 ▼ 0.00
K-Electric Ltd / Sep 23 K-Electric Limited(KEL)	13,154,500 ▼ 0.00
Bank of Punjab / Sep 23 The Bank of Punjab(BOP)	11,131,500 ▼ 0.00
TPL Properties / Sep 23 TPL Properties Limited(TPLP)	10,785,000 ▼ 0.00
TPL Corp / Sep 23 TPL Corp Limited(TPL)	10,767,500 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Sep 22	168.70
USD PKR Interbank Buying / Sep 22	168.60
USD to Japanese Yen / Sep 22	109.78
USD to Swiss Franc / Sep 22	0.93
Pound Sterling to USD / Sep 22	1.36
Euro to USD / Sep 22	1.17
UK LIBOR % / Sep 22	0.07

Stock	Volume
S&P 500 / Sep 22	4395.64
India Sensex / Sep 22	58927.33
Tokyo Nikkei / Sep 22	29639.40
Nasdaq / Sep 22	14896.85
Hang Seng / Sep 22	24221.54
FTSE 100 / Sep 22	7083.37
Dow Jones / Sep 22	34258.32
Germany DAX 30 / Sep 22	15506.74
France CAC40 / Sep 22	6637.00

Item	Value
Crude Oil / Sep 22	71.98
Karachi Cotton Assoc. / Sep 22	12880.00
Gold 10 Grams / Sep 22	94700.00
Gold Spot / Sep 22	1767.66
Cotton / Sep 22	90.87

Yen

Chinese yuan near one-month low after Fed signals quicker end to stimulus

China's yuan near 1-month low, losses stemmed by Evergrande relief

Tokyo shares open lower

Evergrande worries drag risk FX lower, dollar catches safety bid

Dollar dips as soft U.S. inflation weighs; Fed in focus next week

China's yuan inches higher, but policy divergence seen weighing

Dollar little changed, euro steady ahead of ECB decision

Asian markets hit by recovery worries as tech drags Hong Kong

China's yuan edges up as PBOC official downplays imminent liquidity support

South African rand dips before second-quarter GDP data

China's yuan firms after strong export data

Dollar drifting as traders turn to central bankers

Yuan inches up, gains capped as state banks purchase dollars

Asian markets mostly rise after Wall St record with eye on jobs

Yuan retreats after touching month high, weak services activity dampens

South Korean won firms as Asian FX awaits US jobs data

Dollar lost for direction awaiting Fed to set its path

Yuan edges down after weak factory activity, awaits more cues

Rouble steadies near two-week high vs dollar, stocks climb

China's yuan touches 3-week high after Fed's dovish stance

Dollar pinned as Powell plods toward tapering

Most Asian currencies firm as waning taper fears pressure US dollar

Pound pinned near $1.37, eyes first weekly gain in a month ahead of Jackson Hole

Dollar awaits Powell's remarks as hawks urge early taper

Dollar soft as traders look to Jackson Hole for taper clues

South Korean stocks fall after central bank rate hike; others flat ahead of Powell speech

Bearish bets soften on Asian FX as US dollar eases

Yuan eases on softer-than-expected midpoint guidance, market eyes Jackson Hole

Dollar on back foot as Delta worries ease before Jackson Hole

Yuan eases as Fed, PBOC policies set to diverge

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