Markets » Asia Forex

Asia Forex

Euro mired while Ukraine war weighs on growth

SINGAPORE: The euro was pinned near a 22-month low on Tuesday as war in Ukraine has darkened Europe’s economic...

Published 08 Mar, 2022 10:10am

Forex

China's yuan ends at 5-1/2-month high as investors welcome Biden-Xi meeting

SHANGHAI: China's yuan ended Tuesday's domestic trading session at a 5-1/2-month high against the dollar, as...

Published 16 Nov, 2021 05:02pm

Forex

Dollar eases from 16-month high as market seeks clues on Fed policy

TOKYO: The dollar eased back from near an almost 16-month high versus major peers on Monday, as traders awaited ...

Published 15 Nov, 2021 11:44am

Forex

Australia, NZ dollars buoyed by Chinese data, greenback weakness

SYDNEY: The Australian and New Zealand dollars were higher against the greenback on Monday, buoyed by better than...

Published 15 Nov, 2021 11:11am

Forex

China's yuan hovers at 3-week high ahead of Biden-Xi meeting

SHANGHAI: China's yuan hovered at a three-week high against the dollar on Monday on rising hopes for an improvement...

Published 15 Nov, 2021 09:39am

Financial

Offshore yuan wallows near record low as Sino-US tensions worsen

 The offshore yuan rebounded to 7.1845 per dollar as of midday, up from a record low of 7.1966 hit overnight. 
 S

Published 28 May, 2020 11:35am

Financial

Dollar stands its ground as Hong Kong tensions weigh

 The yuan, a barometer of US-China relations, hit a record low of 7.1966 per dollar in offshore trade on Wednesday a

Published 28 May, 2020 11:30am

Financial

Australia, NZ dollars rebuffed by resistance, fret on yuan fall

 The Aussie faded 0.4pc to $0.6592, having reached an 11-week top of $0.6680 on Wednesday only to stall short of res

Published 28 May, 2020 11:28am

Financial

Turkmenistan to introduce 100pc mandatory forex sales

The further tightening of foreign exchange controls could indicate a worsening of hard-currency shortages in the ti

Published 18 May, 2020 01:11pm

Financial

Chinese yuan falls on US tariff threat, Australian dollar sinks

Yuan set for biggest daily drop since March 25 Euro relatively stable, sterling gives back gains LON

Published 01 May, 2020 01:09pm

Financial

Dollar falls after Fed bolster lending and coronavirus fears ease

New York, the US state most afflicted by the coronavirus, offered fresh evidence that the arc of the disease caused

Published 10 Apr, 2020 02:28pm

Financial

China says will keep yuan stable, increase flexibility

China will also increase the flexibility of the yuan and keep the currency basically stable, it said. BEIJIN

Published 09 Apr, 2020 11:40am

Financial

Yuan strengthens as traders profit from dollar woes

The onshore yuan finished domestic trading 0.19pc stronger at 7.0960 per US dollar, after flatlining earlier in the

Published 26 Mar, 2020 01:29pm

Financial

Yuan eases to 2-week low on weaker midpoint fixing, virus concerns

The yuan was changing hands at 7.0044, 64 pips weaker than the previous late session close. The dollar stood t

Published 19 Feb, 2020 11:58am

Financial

Yen slips as infection rate slows, Chinese stimulus eyed

China posted the lowest daily rise in new infections since Jan. 29, seen by some investors as an indication contain

Published 19 Feb, 2020 11:53am

Financial

EM ASIA FX-Most Asian currencies slip against stronger dollar; weaker yuan fix weighs

The People's Bank of China set the midpoint rate at 7.0012 per dollar, 186 pips or 0.27pc weaker than the previous

Published 19 Feb, 2020 11:37am

Financial

Australia, NZ dollars swoon as economic costs of epidemic mount

The Aussie weakened 0.4pc to $0.6687, towards its recent decade trough at $0.6657. The failure on Monday to cl

Published 18 Feb, 2020 12:41pm

Financial

Yuan weakens to near 7/dlr on virus concerns, policy easing expectations

The trade dispute between Beijing and Washington was one of main pressure points for the yuan last year. The g

Published 18 Feb, 2020 12:24pm

Financial

EM ASIA FX-Asian currencies slip on concerns over rising virus impact to businesses

Apple Inc became one of the biggest corporate casualties of the epidemic after it warned on Monday it was unlikely

Published 18 Feb, 2020 12:16pm

Financial

Yuan firms as authorities steps to reduce epidemic's economic impact

The onshore yuan rose 0.17pc to 6.9760 per dollar by midday, while the offshore yuan was trading 0.21pc stronger at

Published 17 Feb, 2020 01:01pm

Financial

Yen edges up on virus woes, euro hounded before GDP data

The Chinese yuan nursed losses as the flu-like virus, which emerged late last year in China's central Hubei provinc

Published 14 Feb, 2020 12:55pm

Financial

EM ASIA FX-Most Asian units weaken on virus anxiety, but set for weekly gains

The outbreak in China showed no signs of peaking with health authorities on Friday reporting more than 5,000 new co

Published 14 Feb, 2020 11:45am

Financial

Yen gains, yuan and Aussie down as virus cases and deaths rise

The yen rose 0.2pc on Thursday to 109.89 yen, pulling back from its weakest since Jan. 21. The Australian doll

Published 13 Feb, 2020 01:03pm

Financial

Yuan drops after virus death toll hit like ‘ton of bricks’

The PBOC has vowed it will use tools to support key sectors, having already pumped billions of dollars into the mon

Published 13 Feb, 2020 12:53pm

Financial

EM ASIA FX-Most Asian currencies weaken as virus cases jump

The Singapore dollar weakened 0.2pc on the day, while the baht dipped slightly. The Indonesian rupiah weakened

Published 13 Feb, 2020 10:27am

Financial

New Zealand dollar jumps as RBNZ takes hawkish shift

The kiwi dollar jumped 0.9pc to $0.6460 on the surprise shift, taking it away from a recent three-month low at $0.6

Published 12 Feb, 2020 10:55am

Financial

Yuan inches higher as new virus infections in China fall to near 2-week low

The People's Bank of China set the midpoint rate - which spot can trade 2pc either side of - at 6.9718 per dollar p

Published 12 Feb, 2020 10:28am

Financial

EM ASIA FX Asian units gain on China stimulus hopes, drop in new virus cases

The onshore yuan firmed 0.2pc against the dollar, set for the second straight session of gains. The death toll

Published 11 Feb, 2020 12:34pm

Financial

EM ASIA FX Most Asian currencies firm as China returns to work

The Chinese yuan rose 0.2pc to 6.988 per dollar, supported by strong corporate demand for the local currency.

Published 10 Feb, 2020 11:49am

Financial

EM ASIA FX-Asian currencies ease as virus weighs on global economic outlook

The yuan slipped as much as 0.2pc to 6.983 per dollar, and was poised for its second weekly decline. The toll

Published 07 Feb, 2020 12:38pm

Financial

China's Jan yuan loans set to jump to 3 trln yuan, virus darkens growth outlook

Chinese banks tend to front-load loans at the beginning of the year to get higher-quality customers and win market

Published 07 Feb, 2020 11:00am

Financial

EM ASIA FX-Most currencies fall as virus outbreak fuels rate-cut bets

The Monetary Authority of Singapore (MAS) said its exchange rate-based monetary policy stance remained unchanged.

Published 05 Feb, 2020 11:19am

Financial

Australian dollar stages half-hearted bounce as RBA holds

The Aussie climbed 0.45pc to $0.6720 and away from a four-month low of $0.6679, a modest bounce following almost th

Published 04 Feb, 2020 11:57am

Financial

Dollar firm on manufacturing data, A$ gains after RBA

The dollar index held firm at 97.832, having risen 0.44pc on Monday, the biggest gain so far this year. The ye

Published 04 Feb, 2020 11:50am

Financial

Yuan tries to steady from slide as traders assess Beijing's response to virus

It opened at 7.0200 per dollar and was changing hands at 7.0032 at midday, 188 pips firmer than the previous late s

Published 04 Feb, 2020 11:32am

Financial

Yen gains, yuan skids as China virus fears grow amid rising death toll

Japan's currency, often sought as a safe-haven in times of uncertainty, rose to the highest in almost three weeks v

Published 27 Jan, 2020 12:11pm

Financial

Yuan hits 3-week low, yen rises as China grapples with virus outbreak

The yen rose to 108.73 per dollar, its strongest level since Jan. 8, before paring gains to trade up 0.16% at 109.0

Published 27 Jan, 2020 11:37am

Financial

Yuan heads for worst week since August amid virus jitters

Fears the outbreak could rapidly worsen put the Chinese currency on course for its first weekly loss in five.

Published 23 Jan, 2020 11:14am

Financial

China lifts yuan midpoint to highest level in 5 months

China's central bank lifted its official yuan midpoint to the highest in five months on Wednesday to reflect strong

Published 08 Jan, 2020 01:35am

Financial

Yuan holds steady on trade deal ahead of more detail

Currency markets were largely muted after a majority of lawmakers in the US House of Representatives voted to impea

Published 19 Dec, 2019 12:23pm

Financial

Yuan eased from 4-1/2-mth high as partial tariff rollback disappoints

The United States will maintain 25% tariffs on $250 billion of Chinese imports while halving tariffs on $120 billio

Published 16 Dec, 2019 11:33am

Financial

Brexit confusion rattles FX markets, boosts yen

Yen, franc gain on renewed Brexit jitters Currencies quiet before ECB, Scandinavian central bank meetings

Published 23 Oct, 2019 12:19pm

Financial

Pound sinks as key ally rejects Johnson Brexit plan

Sterling tumbled Thursday after Prime Minister Boris Johnson's key ally in parliament said it "could not support" h

Published 17 Oct, 2019 10:32am

Financial

Yuan ends at 1-mth high despite paring gains made on hopes of trade deal

U.S. President Donald Trump on Friday outlined the first phase of a deal to end a trade war with China and suspende

Published 14 Oct, 2019 10:56am

Financial

Dollar steadies as trade deal hopes fade, pound soft

The U.S. imposition of visa restrictions on Chinese officials, and the blacklisting of Chinese firms. "The tim

Published 09 Oct, 2019 12:51pm

Financial

Yuan touches 1-month low as tensions rise ahead of U.S.-China trade talks

U.S. officials said the two sides would still hold high-level talks on Thursday and Friday, days before Washington

Published 09 Oct, 2019 12:45pm

Financial

Dollar steady, yuan firms as U.S.-China trade talks spur caution

The Chinese yuan firmed in onshore and offshore trade as Chinese financial markets reopened after a week-long holid

Published 08 Oct, 2019 12:15pm

Financial

Dollar weakens vs yen as U.S. economic worries, trade frictions intensify

The dollar crossed 107 Japanese yen and touched a week low of 106.95 yen. It fell to $1.0964 per euro, though both

Published 03 Oct, 2019 10:57am

Financial

Sri Lankan rupee closes weaker; shares fall for third straight session

Sri Lanka's rupee closed weaker on Tuesday, following continued demand from importers and banks. The central b

Published 01 Oct, 2019 02:30pm

Financial

Sri Lankan rupee ends weaker; stocks snap two-day gaining streak

The central bank does not release foreign flow data on a daily basis, but weekly data in the past four weeks has sh

Published 17 Sep, 2019 01:18pm

Financial

Aussie dollar surges, Swiss franc drops after China cuts bank reserve ratios

LONDON: The Australian dollar hit the day's highs and the safe-haven Swiss franc dived against the euro after China cut

Published 06 Sep, 2019 10:40am

Financial

Yuan flat but set for first weekly gain in three on trade talk hopes

HONG KONG: The yuan was flat on Friday but was set to show its first weekly gain in three weeks after news that U.S. and

Published 06 Sep, 2019 08:57am

Financial

Dollar steadies as risk-on mood holds ahead of U.S. jobs data

SINGAPORE: Upbeat U.S. economic data gave the dollar an edge over its peers on Friday, arresting a recent flight from th

Published 06 Sep, 2019 08:13am

Financial

Australian shares end at 1-month high as Sino-U.S. trade talks lift mood, NZ rises

Australian shares ended a three-day losing streak to close at a one-month high on Thursday, as confirmation of U.S.-Chin

Published 05 Sep, 2019 10:30am

Financial

Japanese yen plunges, Chinese yuan jumps on US-China trade hopes

LONDON: The Japanese yen slipped and risky currencies flourished on Thursday as investors turned more optimistic that th

Published 05 Sep, 2019 08:21am

Financial

Pound builds on recovery as election looms, Asia markets rise

HONG KONG: The pound edged up Wednesday to extend the previous day's rebound with Britain looking set for a snap general

Published 04 Sep, 2019 06:32am

Financial

Pound suffers fresh pain as Brexit uncertainty takes grip

Hong Kong: The pound hit a two-and-half-year low Tuesday after British Prime Minister Boris Johnson threatened to call a

Published 03 Sep, 2019 09:08am

Financial

Australia, NZ dlrs ground down; record surplus no help

SYDNEY: The Australian and New Zealand dollars were under pressure on Tuesday amid doubts Sino-U.S. trade talks would ma

Published 03 Sep, 2019 08:01am

Financial

Sri Lanka rupee weakens amid fund outflows; stocks down

COLOMBO: Sri Lanka's rupee closed weaker on Monday, hovering near a seven-month closing low hit last week, as foreig

Published 02 Sep, 2019 02:25pm

Financial

Yen gains from August turmoil; yuan set for worst month since 1994

LONDON: The Japanese yen rose on Friday and is on track for its biggest monthly gain in three months as a global rush to

Published 30 Aug, 2019 12:02pm

Financial

Yuan weakens, on track for biggest monthly decline since 1994

SHANGHAI: The yuan resumed its decline against the dollar on Friday and was on track for its worst month since China's c

Published 30 Aug, 2019 10:05am

Financial

Aussie slips towards 10-yr low as U.S.-China trade hopes ebb

TOKYO: The Australian dollar slipped towards a 10-year trough while the yen hovered off its lows on Friday, as renewed h

Published 30 Aug, 2019 08:18am

Financial

Most Asian units set for monthly losses as trade tensions bite

Emerging Asian currencies were mixed on Friday with easing Sino-U.S. trade tensions helping export-driven currencies but

Published 30 Aug, 2019 07:44am

Financial

Sri Lanka rupee slips amid foreign fund outflow worries

COLOMBO: Sri Lanka's rupee slipped on Tuesday amid worries over further foreign fund outflows after the central bank

Published 27 Aug, 2019 12:40pm

Financial

Yen rises as investors flock to safe-haven assets

The Japanese yen rose and 10-year Treasury yields fell on Tuesday as investors fled to safer assets amid worries the U.S

Published 27 Aug, 2019 08:37am

Financial

China's yuan, stocks slump as trade dispute escalates

SHANGHAI: The Chinese yuan slumped to a fresh 11-year low against the dollar on Monday and stocks fell in the wake of fr

Published 26 Aug, 2019 08:54am

Financial

Yuan slumps to 11-year low as investors flee trade war risk

TOKYO: China's yuan hit an 11-year low in onshore trade and tumbled to a record low in offshore trade after a sharp re-e

Published 26 Aug, 2019 06:45am

Financial

China's yuan sinks to weakest in 11 years amid trade tension

SHANGHAI: China's currency slid on Monday to its weakest point in more than 11 years as concerns over the US trade war a

Published 26 Aug, 2019 06:23am

Financial

Dollar steps forward before Powell, kiwi jumps on RBNZ comments

TOKYO: The dollar edged higher versus the yen on Friday on expectations a pivotal speech by Federal Reserve Chairman Jer

Published 23 Aug, 2019 07:47am

Financial

Yuan inches up, state banks seen offering support via forwards

SHANGHAI: China's yuan inched up against the dollar in thin trade on Wednesday, supported by a slightly higher midpoint,

Published 21 Aug, 2019 09:50am

Financial

Yuan inches up as investors await central bank rate clues from Jackson Hole

SHANGHAI: China's yuan inched up against the dollar in thin trade on Wednesday, supported by a slightly higher midpoint,

Published 21 Aug, 2019 07:07am

Financial

Dollar nudged off 3-week high, U.S. yields capped before Jackson Hole

TOKYO: The dollar was under pressure on Wednesday, elbowed off a three-week peak after a bounce in U.S. yields stalled a

Published 21 Aug, 2019 06:55am

Financial

Uzbekistan lifts foreign currency controls

TASHKENT: Uzbekistan lifted remaining currency controls on Tuesday, allowing citizens to purchase foreign cash for t

Published 20 Aug, 2019 02:54pm

Financial

Most currencies slip, under pressure by stronger dollar

Most emerging Asian currencies declined on Tuesday, as the dollar firmed on hopes for fresh stimulus from global policym

Published 20 Aug, 2019 09:42am

Financial

Yuan wobbles on Trump trade comments, details of China rate reforms awaited

HONG KONG: The yuan wavered on Monday after U.S. President Donald Trump said he was not ready yet to make a trade with C

Published 19 Aug, 2019 06:51am

Financial

Yuan weakens amid dollar strength, Beijing's tariff retaliation pledge

SHANGHAI: China's yuan eased on Friday, pressured by a stronger dollar and trade worries after Beijing pledged to retali

Published 16 Aug, 2019 06:40am

Financial

Dollar holds advantage for now, traders still wary about global growth risks

TOKYO: The dollar held onto gains on Friday after a surge in U.S. retail sales eased concerns about the world's top econ

Published 16 Aug, 2019 06:32am

Financial

China's yuan wraps up worst week in over a year, weakest domestic close since 2008

SHANGHAI: China's yuan inched down against the dollar on Friday as nervous traders awaited Beijing and Washington's next

Published 09 Aug, 2019 03:36pm

Financial

Aussie, NZ dollars seen defying gravity, even as gravity wins out

SYDNEY: Analysts still maintain a remarkably sanguine outlook for the Australian and New Zealand dollars in the latest R

Published 09 Aug, 2019 08:53am

Financial

China's yuan slips, on track for worst week in more than a year

China's yuan, the focus of attention this week, weakened slightly on Friday and was on track for its biggest weekly loss

Published 09 Aug, 2019 07:38am

Financial

China's yuan fix, exports data boost Asia FX as recession worries linger

China's yuan gained on Thursday after more signs Beijing was slowing its fall, while currencies across Asia were also li

Published 08 Aug, 2019 07:00am

Financial

China's July FX reserves fall to $3.104trn amid rising trade tensions

BEIJING: China's foreign exchange reserves fall by $15.54 billion in July to $3.104 trillion, central bank data showed o

Published 07 Aug, 2019 12:54pm

Financial

China further weakens yuan rate as currency row simmers

SHANGHAI: China's currency weakened further against the dollar as the central bank lowered the yuan's daily reference ra

Published 07 Aug, 2019 10:02am

Financial

Yuan extends slide though China seen curbing losses, Asian currencies on edge

Asian currencies remained on the back foot on Wednesday as the yuan continued to weaken despite signs Chinese authoritie

Published 07 Aug, 2019 08:04am

Financial

Kiwi, Aussie tumble, yen rises on RBNZ rate cut shock

TOKYO: The Aussie and kiwi dollars skidded to multi-year lows on Wednesday after New Zealand's central bank shocked mark

Published 07 Aug, 2019 07:55am

Financial

Yuan slips as trade tensions build, state bank support slows decline

SHANGHAI: China's yuan weakened on Wednesday, weighed by an escalation in Sino-U.S. trade tensions and the central bank'

Published 07 Aug, 2019 07:44am

Financial

Offshore yuan pulls off all-time low after tentative moves from Beijing to curb falls

LONDON: The yuan pulled back from an all-time low in offshore trade on Tuesday after Beijing appeared to take steps to p

Published 06 Aug, 2019 12:07pm

Financial

China's yuan steadies, but stocks slump as trade war engulfs currency

HONG KONG: China's tumbling yuan steadied on Tuesday as authorities took steps to contain its slide, while stocks tanked

Published 06 Aug, 2019 11:39am

Financial

China's yuan steadies, but stocks slump as trade war engulfs currency

HONG KONG/SHANGHAI: China's tumbling yuan steadied on Tuesday as authorities took steps to contain its slide, while stoc

Published 06 Aug, 2019 10:30am

Financial

Most Asian currencies stem further losses as yuan pulls off lows

Most Asian currencies regained some of their footing on Tuesday, as signs Beijing is keen to stem the yuan's slide sooth

Published 06 Aug, 2019 08:50am

Financial

China lets yuan weaken and stops buying US crops, escalating trade war

SHANGHAI: China let the yuan weaken past the key 7-per-dollar level on Monday for the first time in more than a deca

Published 05 Aug, 2019 08:19pm

Financial

China yuan's slide past 7/dollar had policymakers' blessing

SINGAPORE: Chinese monetary authorities let the yuan slide past the key 7-per-dollar level so that markets could fin

Published 05 Aug, 2019 02:04pm

Financial

Yuan hits 11-yr low, breaks 7 per dlr, as trade war intensifies

TOKYO: China's yuan tumbled more than 1% to 11-year lows on Monday amid mounting fears over a sharp escalation in the U.

Published 05 Aug, 2019 08:39am

Financial

Indian rupee hits 5-month low on U.S.-China trade worries, Kashmir tensions

MUMBAI: The Indian rupee plunged to a five-month low and bond yields rose sharply on Monday, as an escalating China-U.S.

Published 05 Aug, 2019 08:03am

Financial

Chinese yuan falls to weakest level against dollar since 2010

SHANGHAI: The Chinese yuan fell to its lowest level against the dollar since August 2010 in morning trade on Monday, fue

Published 05 Aug, 2019 06:39am

Financial

Sri Lanka shares end at 1-week low; rupee weaker

COLOMBO: Sri Lankan shares recovered from an intraday fall of over 1% to close flat on Friday, while the rupee ended we

Published 02 Aug, 2019 02:14pm

Financial

US tariffs raise demand for safe-haven yen; pound recovers

LONDON: A US threat to impose new tariffs on Chinese imports pushed the safe-haven Japanese yen to a five-week high agai

Published 02 Aug, 2019 10:51am

Financial

Offshore yuan slides towards record low after Trump tariff threat

LONDON: China's offshore yuan fell to its weakest in 2-1/2 years on Friday and was close to a record low after US Presid

Published 02 Aug, 2019 10:38am

Financial

China's yuan at 8-mth lows, stocks sell off as Trump threatens more tariffs

HONG KONG/SHANGHAI: Chinese markets slumped on Friday, with investors rushing for cover after US President Donald Trump

Published 02 Aug, 2019 10:24am

Financial

Yen jumps, yuan slumps after Trump breaks truce in China trade war

TOKYO: The Japanese yen surged to a five-week high versus the dollar and a 2-1/2-year peak against the pound on Friday,

Published 02 Aug, 2019 08:22am

Financial

China's yuan drops, stocks tumble after Trump's tariff blow

HONG KONG/SHANGHAI: Chinese markets slumped on Friday, with investors rushing for cover after U.S. President Donald Trum

Published 02 Aug, 2019 07:25am

Financial

Australia dollar tries to snap losing streak on inflation news

SYDNEY: The Australian dollar edged up from six-week lows on Wednesday as inflation data proved a shade firmer than fore

Published 31 Jul, 2019 08:16am

Financial

China's yuan steady ahead of Fed, Sino-U.S. talks resume

SHANGHAI: China's yuan was little changed on Wednesday as investors looked for signs of progress from Sino-U.S. trade ta

Published 31 Jul, 2019 06:18am

Financial

Aussie, kiwi dollars languish as bonds hit all-time highs

SYDNEY/WELLINGTON: The Australian and New Zealand dollars wallowed near recent lows on Monday while bonds climbed to all

Published 29 Jul, 2019 08:36am

Financial

China's yuan slips to 5-week low ahead of Sino-U.S. trade talks

TOKYO: China's yuan hit its lowest level against the dollar in more than five weeks on Monday amid corporate dollar buyi

Published 29 Jul, 2019 08:33am

Financial

Euro remains stuck near two-month low as bears await dovish ECB

TOKYO: The euro was mired near a two-month low on Thursday before a European Central Bank meeting that could signal mone

Published 25 Jul, 2019 07:58am

Financial

Yuan weaker in tight range ahead of U.S.-China trade talks

SHANGHAI: China's yuan softened on Thursday, but remained little changed overall ahead of U.S.-China trade talks set for

Published 25 Jul, 2019 06:37am

Financial

Yuan weakens as investors eye Sino-U.S. trade talks, global central banks

SHANGHAI: China's yuan weakened in thin trade on Wednesday as investors awaited clearer signals on U.S. China trade t

Published 24 Jul, 2019 07:04am

Financial

Sri Lanka shares snap 8-session rally on profit-taking; rupee falls

COLOMBO: Sri Lankan shares closed lower on Monday, snapping an eight-session gaining streak, as investors booked profits

Published 22 Jul, 2019 01:22pm

Financial

Australia, NZ dlrs off peaks as Fed hoses down bets on big U.S. rate cut

SYDNEY: The Australian dollar eased from three-month highs on Monday as fading expectations for aggressive interest rate

Published 22 Jul, 2019 08:04am

Financial

Yuan inches up on U.S. rate cut expectations, set for 2nd weekly gain

SHANGHAI: China's yuan inched up against the dollar on Friday as the U.S. currency came under pressure after a Federal R

Published 19 Jul, 2019 09:16am

Financial

Australia dollar set for 5th day of losses, focus on U.S. rates outlook

SYDNEY/WELLINGTON: The Australian dollar headed for a fifth straight session of losses on Wednesday on yet another disap

Published 10 Jul, 2019 08:20am

Financial

Indonesia raises 8 trillion rupiah from sukuk auction

JAKARTA: * Indonesia raised 8 trillion rupiah ($566.37 million) in an Islamic bond auction on Tuesday, matched the in

Published 09 Jul, 2019 09:55am

Financial

Dollar is buoyed by declining bets on big Fed rate cuts

TOKYO: The dollar traded near a three-week high against its peers on Tuesday, as investors pared bets on aggressive U.S.

Published 09 Jul, 2019 08:17am

Financial

Yuan marks time as traders await Powell testimony for Fed rate clues

SHANGHAI: China's yuan was little changed in thin trade on Tuesday as investors awaited U.S. Federal Reserve chief Jerom

Published 09 Jul, 2019 08:15am

Financial

Indonesia raises 22.15 trillion rupiah from debt auction, above target

JAKARTA:* Indonesia raised 22.15 trillion rupiah ($1.57 billion) in a bond auction on Tuesday, higher than the indicativ

Published 02 Jul, 2019 11:07am

Financial

China's yuan extends rally to strongest level in a week

SHANGHAI: China's yuan extended its rally against the dollar on Friday to its firmest in a week following comments from

Published 28 Jun, 2019 10:09am

Financial

Sri Lanka rupee edges higher on sovereign bond launch; stocks fall

COLOMBO: Sri Lanka rupee rose on Monday buoyed by hopes of dollar inflows into two sovereign bonds launched earlier in t

Published 24 Jun, 2019 09:21pm

Financial

Yuan closes at 6-week high after Fed signals rate cuts

HONG KONG: The Chinese yuan rallied on Thursday to finish the domestic session at its strongest level in six weeks on br

Published 20 Jun, 2019 10:24am

Financial

Australia, NZ dollars get a lift as Fed out-doves the RBA

SYDNEY: The Australian and New Zealand dollars got a rare lift on Thursday while bond yields hit historic lows after the

Published 20 Jun, 2019 09:23am

Financial

Dollar near 2-week high before Fed as dovish ECB supports

TOKYO: The dollar held near a two-week high on Wednesday ahead of the Federal Reserve's closely-watched policy decision

Published 19 Jun, 2019 09:32am

Financial

China finmin to issue 5 bn yuan of treasury bonds in Hong Kong

BEIJING/HONG KONG: China will issue 5 billion yuan ($722.15 million) in yuan-denominated treasury bonds in Hong Kong on

Published 17 Jun, 2019 08:22am

Financial

Dollar set for weekly gain before Fed meeting

TOKYO: The dollar held steady early in Asia on Friday, and was set ot show a weekly rise as investor focus turned to nex

Published 14 Jun, 2019 01:27pm

Financial

Australia, New Zealand dollars under water; NAB tips deeper rate cuts

SYDNEY: The Australian and New Zealand dollars were heading for steep weekly losses on Friday as investors wagered that

Published 14 Jun, 2019 01:06pm

Financial

Dollar subdued, on course for weekly gain before Fed meeting

TOKYO: The dollar trod water on Friday and was set to show a weekly rise as investor focus turned to next week's Federal

Published 14 Jun, 2019 12:54pm

Financial

Yuan eases, set for 3rd weekly loss as PBOC tries to temper pressure

SHANGHAI: China's yuan eased against the U.S. dollar on Friday and looked set for its third straight weekly loss, but th

Published 14 Jun, 2019 08:51am

Financial

Yuan falls to over 6-mth low after PBOC chief says no red line for exchange rate

SHANGHAI: China's onshore yuan weakened to a more than six-month low on Monday, catching up with losses in its offshore

Published 10 Jun, 2019 02:40pm

Financial

Most weaker as US-Mexico trade deal buoys dollar

The Indonesian rupiah rose in catch-up trade while most Asian currencies edged lower on Monday, after the United States

Published 10 Jun, 2019 01:57pm

Financial

Yuan eases on US-China war of words, firmer fixing curbs fall

HONG KONG: The yuan edged lower on Tuesday as China and the United States feuded in a war of words over trade and techno

Published 04 Jun, 2019 04:46pm

Financial

Yuan eases on soft factory PMI, set for biggest monthly fall since July

SHANGHAI: China's yuan inched lower against the dollar on Friday as market sentiment soured on renewed uncertainty in gl

Published 31 May, 2019 03:14pm

Financial

Yuan extends gains after regulator's warning against speculation

SHANGHAI: China's yuan rose to a 1-1/2-week high against the US dollar on Monday, buoyed by a softer greenback and a sen

Published 27 May, 2019 12:29pm

Financial

Yuan slips to near 6-mth low, central bank's comments cap losses

HONG KONG: The yuan hit its lowest in almost six months on Thursday as the Sino-US dispute over trade spilled into the t

Published 23 May, 2019 11:16am

Financial

Indian rupee rallies as PM Modi set for second term

The Indian rupee gained as much as 0.4% on Thursday after early counting trends suggested a comfortable victory for Prim

Published 23 May, 2019 08:30am

Financial

Dollar hovers near 3-1/2-week high, supported by higher US yields

TOKYO: The dollar hovered near a four-week high on Wednesday, supported by higher US yields after the United States ease

Published 22 May, 2019 03:06pm

Financial

Yuan inches lower, but losses capped as PBOC flags more bill sales in Hong Kong

SHANGHAI: China's yuan inched lower against the dollar on Wednesday, but the overall downward pressure on the local c

Published 22 May, 2019 12:34pm

Financial

Pound at four-month lows as Brexit rumbles, Asian equities simmer

Hong Kong: The British pound was rooted at four-month lows Wednesday after British MPs slammed Theresa May's latest plan

Published 22 May, 2019 07:49am

Financial

Indonesia raises 10.8trn rupiah from debt auction, below target

JAKARTA: Indonesia raised 10.8 trillion rupiah ($746.11 million) in a bond auction on Tuesday, below the indicative targ

Published 21 May, 2019 03:15pm

Financial

Australian dollar upended as RBA talks of June rate cut

SYDNEY: The Australian dollar slid on Tuesday after the country's top central banker said interest rates might be cut as

Published 21 May, 2019 08:53am

Financial

Yuan edges up as U.S. eases restrictions on Huawei

SHANGHAI: China's yuan firmed against the dollar on Tuesday, as sentiment improved slightly after Washington temporarily

Published 21 May, 2019 08:52am

Financial

Yuan off 5-1/2-mth low after central bank vows to keep currency stable

SHANGHAI: China's yuan bounced from a 5-1/2-month low against the US dollar hit last week, helped by a firmer-than-expec

Published 20 May, 2019 03:09pm

Financial

Australian dlr jumps after election surprise, yen edges lower

TOKYO: The Australian dollar rallied against the greenback on Monday after a surprise election victory by the country's

Published 20 May, 2019 08:47am

Financial

Yuan off 5-1/2-mth low after c.bank vows to keep currency stable

SHANGHAI: China's yuan bounced from a 5-1/2-month low against the U.S. dollar hit last week, helped by a firmer-than-exp

Published 20 May, 2019 08:40am

Financial

Indian rupee surges on exit polls showing easy win for ruling party

The Indian rupee on Monday strengthened over 1 percent after exit polls suggested the country's just-concluded general e

Published 20 May, 2019 07:56am

Financial

Dollar supported by strong U.S. data, higher Treasury yields

TOKYO: The dollar hovered near a two-week high against its peers on Friday, supported by strong U.S. economic data and a

Published 17 May, 2019 09:04am

Financial

Dollar holds near 2-week high on strong U.S. data, higher Treasury yields

TOKYO: The dollar held near a two-week high against its peers on Friday, supported by strong U.S. economic data and a bo

Published 17 May, 2019 08:28am

Financial

Most Asian currencies steady, ringgit gains on Q1 growth pace

The Malaysian ringgit strengthened significantly on Thursday, helped by data that showed first-quarter economic growth

Published 16 May, 2019 09:06am

Financial

Rupiah hit by record trade gap but steadier yuan eases regional nerves

The Indonesian rupiah weakened on Wednesday after the country posted a record trade deficit, but most other Asian curren

Published 15 May, 2019 08:18am

Financial

Most Asian currencies firm as comments on US-China spat ease worries

Most emerging Asian currencies firmed on Tuesday as conciliatory comments from the United States and China reduced inves

Published 14 May, 2019 08:03am

Financial

Asian currencies ease on Sino-U.S. trade talk stalemate

Emerging Asian currencies weakened on Monday as risk sentiment dampened over an impasse in trade negotiations that could

Published 13 May, 2019 09:22am

Financial

Stocks, yuan fall as Sino-U.S.trade war deepens; China retaliation eyed

SYDNEY: U.S. stock futures and Asian shares fell on Monday on growing anxiety over whether the United States and China w

Published 13 May, 2019 07:30am

Financial

China lowers yuan mid-point to weakest level in 3-1/2 months

SHANGHAI: China's central bank lowered its official yuan midpoint to the weakest level in 3-1/2 months, dragged by sharp

Published 10 May, 2019 07:09pm

Financial

Bank of Korea suspected to have sold about $1bn to curb won's fall

SEOUL: South Korea's central bank is suspected to have sold around $1 billion on Friday to stem a rapid fall by the

Published 10 May, 2019 04:45pm

Financial

Thai baht, China's yuan strengthen as U.S. tariff hike kicks in

Most emerging Asian currencies rose on Friday, helped by a range of factors and amid cautious support for regional marke

Published 10 May, 2019 08:50am

Financial

Yuan bears re-emerge on fresh trade deal woes; short bets on Korean won soar

A surprise deterioration in U.S.-China trade talks prompted analysts to dramatically turn bearish on the Chinese yuan.

Published 09 May, 2019 08:10am

Financial

Yen edges up to highest since late March on growing trade worries

TOKYO: Growing fears about the impact of a worsening U.S.-Sino trade conflict on global growth kept the safe-haven Japan

Published 08 May, 2019 08:21am

Financial

China's yuan struggles near 2-1/2 month low after Trump's trade threats

LONDON: The Chinese offshore yuan remained hobbled near 2-1/2 month lows on Tuesday after US President Donald Trump'

Published 07 May, 2019 11:23am

Financial

Most Asian currencies firm on hopes for China-U.S. talks, baht leads gains

Most emerging Asian currencies rose against the dollar on Tuesday, on hopes trade negotiations between the United States

Published 07 May, 2019 08:38am

Financial

Yuan recoups most losses as Beijing confirms Vice Premier Liu's trip to U.S.

SHANGHAI: China's yuan recouped most of its early losses on Tuesday afternoon after Beijing confirmed its top negotiator

Published 07 May, 2019 08:19am

Financial

Australia dollar on tenterhooks as RBA ponders rates

SYDNEY: The Australian dollar was poised on a knife edge on Tuesday as the market waited to see if interest rates would

Published 07 May, 2019 06:59am

Financial

Dollar holds tight ranges, U.S.-Sino trade talks in focus

TOKYO: The dollar hung near a five-week low against the yen on Tuesday after worries about U.S.-China trade tensions rek

Published 07 May, 2019 06:35am

Financial

Indonesia central bank has intervened to defend rupiah

JAKARTA: Indonesia's central bank has intervened in spot currency, domestic non-deliverable forward and bond markets

Published 06 May, 2019 03:52pm

Financial

China sets yuan mid-point at weakest level in 2-1/2 months

SHANGHAI: China's central bank lowered its official yuan midpoint to 6.7334 per dollar on Monday, the weakest level

Published 06 May, 2019 01:31pm

Financial

Sri Lanka rupee extends losses for 7th session; stocks down

COLOMBO: The Sri Lankan rupee fell for the seventh straight session on Friday on dollar demand from banks amid continued

Published 03 May, 2019 09:01pm

Financial

Dollar rests on yield support, talk of upbeat payrolls

SYDNEY: The dollar was trying to end the week with a firmer tone on Friday as markets scaled back bets on a U.S. rate cu

Published 03 May, 2019 08:36am

Financial

Sri Lanka rupee falls for 6th session; stocks snap 5-day losing streak

COLOMBO: The Sri Lankan rupee fell for the sixth consecutive session on Thursday on dollar demand from banks amid securi

Published 02 May, 2019 08:03pm

Financial

Dollar left to drift as Fed steers steady course

SYDNEY: The dollar was content to consolidate in Asia on Thursday after recovering from a brief spill overnight when mar

Published 02 May, 2019 09:37am

Financial

Indonesia raises 5.07trln rupiah in sukuk auction, below target

JAKARTA: Indonesia raised 5.07 trillion rupiah ($355.91 million) in Islamic bonds auction on Tuesday, Finance Ministry s

Published 30 Apr, 2019 07:47pm

Financial

Yen gains on weak China data; European data eyed

LONDON: The Japanese yen rallied to a three-week high on Tuesday as disappointing data on Chinese manufacturing unde

Published 30 Apr, 2019 04:19pm

Financial

Dollar awaits China data to gauge global growth pulse

SYDNEY: The dollar was all but flatlining in Asia on Tuesday as investors awaited readings on Chinese manufacturing and

Published 30 Apr, 2019 07:55am

Financial

Australian dollar slips as China data hits risk

SYDNEY: The Australian dollar led risk assets lower in Asia on Tuesday after a survey on Chinese manufacturing missed fo

Published 30 Apr, 2019 07:29am

Financial

Sri Lanka rupee extends falls on fears of more attacks; stocks up in dull trade

COLOMBO: The Sri Lankan rupee closed weaker for the fourth consecutive session on Monday, as worries about more attacks

Published 29 Apr, 2019 11:06pm

Financial

Yuan eases ahead of Sino-US trade talks and key econ data

SHANGHAI: China's yuan eased against the U.S. dollar in thin trade on Monday while the market was quiet before the lates

Published 29 Apr, 2019 08:13am

Financial

Dollar dozes, risks rude awakening from US inflation

SYDNEY: The dollar dozed in a snug band on Monday as Japan kicked off a week of holidays, giving investors an extra excu

Published 29 Apr, 2019 07:23am

Financial

Dollar steady near 2-year high, US GDP awaited

TOKYO: The dollar held steady close to a two-year high against its peers on Friday, supported by data showing strong

Published 26 Apr, 2019 01:40pm

Financial

Yuan rises on Xi pledge, firmer fixing, but set for worst week in 2 months

SHANGHAI: China's yuan strengthened against the dollar on Friday, recovering from a two-month low hit in the previou

Published 26 Apr, 2019 01:31pm

Financial

Most inch higher tracking yuan; US growth data in focus

Most emerging Asian currencies edged higher on Friday, tracking the Chinese yuan, but a strong dollar ahead of US gr

Published 26 Apr, 2019 12:01pm

Financial

Most inch higher tracking yuan; US growth data in focus

Most emerging Asian currencies edged higher on Friday, tracking the Chinese yuan, but a strong dollar ahead of U.S. grow

Published 26 Apr, 2019 09:24am

Financial

Sri Lanka rupee falls on fears of more attacks; stocks edge up

COLOMBO: The Sri Lankan rupee closed 0.1 percent weaker on Thursday as a bomb scare after the Easter Sunday attacks weig

Published 25 Apr, 2019 08:46pm

Financial

China sets yuan mid-point at weakest level in one month

SHANGHAI: China's central bank lowered its official yuan midpoint to 6.7307 per dollar on Thursday, the weakest leve

Published 25 Apr, 2019 03:27pm

Financial

Sri Lanka rupee weakens on fears of more attacks; stocks rise slightly

COLOMBO: The Sri Lankan rupee closed 0.2 percent weaker on Wednesday as worries over further explosions after the Easter

Published 24 Apr, 2019 10:47pm

Financial

Sri Lanka rupee weakens on fears of more attacks; stocks rise slightly

COLOMBO: The Sri Lankan rupee closed 0.2 percent weaker on Wednesday as worries over further explosions after the Easter

Published 24 Apr, 2019 07:04pm

Financial

Aussie stung by soft inflation, US dollar holds near 22-month high

LONDON: Australia's dollar dropped one percent on Wednesday after weaker-than-expected inflation numbers heightened

Published 24 Apr, 2019 03:08pm

Financial

Asian currencies slip as U.S. data bolsters dollar

Most emerging Asian currencies broadly weakened on Wednesday, with the South Korean won sliding to a more than 1-1/2-yea

Published 24 Apr, 2019 09:47am

Financial

Yuan edges up on growing optimism over China's economy

HONG KONG: The yuan edged higher on Wednesday as investors remained cautiously optimistic that China's economy may be st

Published 24 Apr, 2019 08:59am

Financial

Australian dollar steady ahead of inflation, kiwi languishes

SYDNEY: The Australian dollar traded in a tight range on Tuesday, as volumes were thin in a holiday-shortened week and a

Published 23 Apr, 2019 08:39am

Financial

Sri Lanka rupee falls in thin trade after deadly Easter explosions

COLOMBO: The Sri Lankan rupee fell 0.4 percent on importers' dollar demand in thin Monday trading, after deadly explosio

Published 22 Apr, 2019 07:28pm

Financial

Dollar edges up in thin post-holiday trade after positive U.S. data

TOKYO: The dollar drifted higher against the euro and British pound on Monday, supported by the relative strength of the

Published 22 Apr, 2019 09:33am

Financial

Dollar firm in thin post-holiday trade, loonie up as oil prices jump

TOKYO: The dollar edged up against key peers such as the euro and the yen on Monday, boosted by the relative strength of

Published 22 Apr, 2019 08:55am

Financial

Yuan eases to 10-day low, policy easing views seen reduced

SHANGHAI: The yuan eased to a 10-day low against the dollar on Monday, but the Chinese economy's solid first quarter per

Published 22 Apr, 2019 08:23am

Financial

Asian currencies slip on higher oil prices

Emerging Asian currencies faltered on Monday after a rally in oil prices dented sentiment for the region's net importers

Published 22 Apr, 2019 08:05am

Financial

Dollar steadies after upbeat U.S. data amid holiday-thin trade

TOKYO: The dollar steadied against a basket of currencies on Friday after hitting a 2-1/2-week high overnight as data po

Published 19 Apr, 2019 09:35am

Financial

Yuan inches up, but makes little headway for week despite upbeat China data

SHANGHAI: China's yuan inched up against the U.S. dollar at midday on Friday, steadying somewhat after the data-driven s

Published 19 Apr, 2019 07:57am

Financial

Indonesia's rupiah rallies as Jokowi poised for re-election; others muted

Indonesia's rupiah strengthened on Thursday after early election results indicated a second term for incumbent Joko Wido

Published 18 Apr, 2019 11:56am

Financial

Yuan eases off 1-mth high, focus back on trade after upbeat GDP

SHANGHAI: China's yuan eased off a one-month high against the US dollar on Thursday, as some companies took advantage of

Published 18 Apr, 2019 07:07am

Financial

Indonesia's rupiah rallies as Jokowi poised for re-election; others muted

Indonesia's rupiah strengthened on Thursday after early election results indicated a second term for incumbent Joko Wido

Published 18 Apr, 2019 06:29am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Feb 7	279.10
USD PKR Interbank Buying / Feb 7	278.90
USD to Japanese Yen / Feb 7	151.83
USD to Swiss Franc / Feb 7	0.91
Pound Sterling to USD / Feb 7	1.24
Euro to USD / Feb 7	1.04
UK LIBOR % / Feb 6	4.96

Stock	Volume
S&P 500 / Feb 6	6,083.57
Nasdaq / Feb 6	19,791.99
Dow Jones / Feb 6	44,747.63
India Sensex / Feb 7	77,690.12
Tokyo Nikkei / Feb 7	38,787.02
Hang Seng / Feb 7	21,133.54
FTSE 100 / Feb 7	8,720.64
Germany DAX 30 / Feb 7	21,935.62
France CAC40 / Feb 7	8,010.74

Item	Value
Karachi Cotton PKR/37.32 KG / Feb 6	18,285
Gold 10 Grams PKR / Feb 6	256,087
Petrol/Litre / Feb 7	257.13
Crude Oil USD/Barrel / Feb 7	71.16
Gold Spot USD/Ounce / Feb 7	2,864.56
Diesel/Litre / Feb 7	267.95
Cotton US¢/pound / Feb 7	66.40

Gainers
Losers
Leaders

Stock	Price
Tri-Star Mutual / Feb 7 Tri-Star Mutual Fund Limited(TSMF)	8.49 ▲ 0.99 (13.2%)
Askari Life Assur. / Feb 7 Askari Life Assurance Company Limited(ALAC)	5.86 ▲ 0.66 (12.69%)
Pak. P.V.C. / Feb 7 Pakistan PVC Limited(PPVC)	10.39 ▲ 0.97 (10.3%)
Sally Textile / Feb 7 Sally Textile Mills Limited(SLYT)	12.49 ▲ 1.13 (9.95%)
Karam Ceramics / Feb 7 Karam Ceramics Limited(KCL)	68 ▲ 6.1 (9.85%)
Calcorp Ltd / Feb 7 Calcorp Limited(CASH)	34.10 ▲ 2.96 (9.51%)
Imperial Limited / Feb 7 Imperial Limited(IML)	18.60 ▲ 1.45 (8.45%)
Popular Islamic / Feb 7 Popular Islamic Modaraba(PIM)	12.95 ▲ 0.96 (8.01%)
Jahangir Sidd(Pref) / Feb 7 Jahangir Sidd(Pref)(JSCLPSA)	9.55 ▲ 0.69 (7.79%)
Shaheen Ins. / Feb 7 Shaheen Insurance Company Limited(SHNI)	6.70 ▲ 0.48 (7.72%)

Stock	Price
First Capital Equities / Feb 7 First Capital Equities Limited(FCEL)	5.10 ▼ -0.79 (-13.41%)
Dewan Textile / Feb 7 Dewan Textile Mills Limited(DWTM)	6.66 ▼ -0.93 (-12.25%)
Tariq Corp.Pref. / Feb 7 Tariq Corporation Limited-Preference Shares(TCORPCPS)	7.30 ▼ -0.99 (-11.94%)
Kohinoor Ind. / Feb 7 Kohinoor Industries Limited(KOIL)	11.48 ▼ -1.28 (-10.03%)
Apna Microfin. / Feb 7 Apna Microfinance Bank Limited(AMBL)	10.77 ▼ -1.2 (-10.03%)
Leather Up Ltd. / Feb 7 Leather Up Limited(LEUL)	35.26 ▼ -3.92 (-10.01%)
Fateh Sports / Feb 7 Fateh Sports Wear Limited(FSWL)	85.50 ▼ -9.5 (-10%)
Intermarket Securities / Feb 7 Intermarket Securities Limited(IMS)	48.63 ▼ -5.4 (-9.99%)
Chashma / Feb 7 Chashma Sugar Mills Limited(CHAS)	81.75 ▼ -8.71 (-9.63%)
Shahmurad Sugar / Feb 7 Shahmurad Sugar Mills Limited(SHSML)	339 ▼ -35.57 (-9.5%)

Stock	Volume
Silk Bank Ltd / Feb 7 Silkbank Limited(SILK)	119,523,297 ▼ -0.1
WorldCall Telecom / Feb 7 Worldcall Telecom Limited(WTL)	80,384,932 ▲ 0.02
Bank Makramah / Feb 7 Bank Makramah Limited(BML)	64,937,708 ▼ -0.06
B.O.Punjab / Feb 7 The Bank of Punjab(BOP)	17,199,644 ▼ -0.28
TRG Pak Ltd / Feb 7 TRG Pakistan Limited(TRG)	13,127,512 ▲ 0.34
Cnergyico PK / Feb 7 Cnergyico PK Limited(CNERGY)	12,104,269 ▼ -0.07
National Bank / Feb 7 National Bank of Pakistan(NBP)	10,980,621 ▲ 0.92
Fauji Foods Ltd / Feb 7 Fauji Foods Limited(FFL)	10,484,043 ▼ -0.18
The Searle Co. / Feb 7 The Searle Company Limited(SEARL)	10,207,814 ▼ -1.62
Citi Pharma Ltd / Feb 7 Citi Pharma Ltd.(CPHL)	9,959,309 ▼ -2.46

Markets →

Budget 2024-25: income tax calculator for FY25