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

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 9	278.65
USD PKR Interbank Buying / Jan 9	278.45
USD to Japanese Yen / Jan 9	158.14
USD to Swiss Franc / Jan 9	0.91
Pound Sterling to USD / Jan 9	1.23
Euro to USD / Jan 9	1.03

Stock	Volume
S&P 500 / Jan 8	5,918.25
Nasdaq / Jan 8	19,478.88
FTSE 100 / Jan 8	8,251.03
Dow Jones / Jan 8	42,635.20
Germany DAX 30 / Jan 8	20,329.94
France CAC40 / Jan 8	7,452.42
India Sensex / Jan 9	77,704.13
Tokyo Nikkei / Jan 9	39,516.87

Item	Value
Karachi Cotton PKR/37.32 KG / Jan 8	18,285
Gold 10 Grams PKR / Jan 8	237,483
Petrol/Litre / Jan 9	252.66
Crude Oil USD/Barrel / Jan 9	73.16
Gold Spot USD/Ounce / Jan 9	2,659.11
Diesel/Litre / Jan 9	258.34

Gainers
Losers
Leaders

Stock	Price
Dadex Eternit / Jan 9 Dadex Eternit Limited(DADX)	64 ▲ 5.82 (10.00%)
JDW Sugar / Jan 9 JDW Sugar Mills Limited(JDWS)	995.45 ▲ 90.50 (10.00%)
Pakistan Cables / Jan 9 Pakistan Cables Limited(PCAL)	218.17 ▲ 19.83 (10.00%)
Pak. P.V.C. / Jan 9 Pakistan PVC Limited(PPVC)	11.79 ▲ 1.07 (9.98%)
Asim Textile / Jan 9 Asim Textile Mills Limited(ASTM)	16.48 ▲ 1.37 (9.07%)
Unicap Modaraba / Jan 9 Unicap Modaraba(UCAPM)	3.13 ▲ 0.26 (9.06%)
Olympia Mills / Jan 9 Olympia Mills Limited(OML)	39.23 ▲ 3.23 (8.97%)
Baba Farid Sugar / Jan 9 Baba Farid Sugar Mills Limited(BAFS)	48 ▲ 3.90 (8.84%)
Fazal Cloth / Jan 9 Fazal Cloth Mills Limited(FZCM)	186 ▲ 15.11 (8.84%)

Stock	Price
Ali Asghar / Jan 9 Ali Asghar Textile Mills Limited(AATM)	70.94 ▼ -7.88 (-10.00%)
Arpak Int. / Jan 9 Arpak International Investments Ltd.(ARPAK)	76.11 ▼ -8.46 (-10.00%)
Liven Pharma / Jan 9 Liven Pharma Limited(LIVEN)	160.68 ▼ -17.85 (-10.00%)
Suhail Jute / Jan 9 Suhail Jute Mills Limited(SUHJ)	140.74 ▼ -15.64 (-10.00%)
Al-Khair Gadoon / Jan 9 Al-Khair Gadoon Limited(AKGL)	37.31 ▼ -4.14 (-9.99%)
Blue-Ex Ltd / Jan 9 Blue-Ex Limited (GEM)(GEMBLUEX)	55.85 ▼ -6.18 (-9.96%)
Sanghar Sugar / Jan 9 Sanghar Sugar Mills Limited(SANSM)	22.56 ▼ -2.44 (-9.76%)
GOC (Pak) / Jan 9 GOC (Pak) Limited.(GOC)	68.60 ▼ -6.67 (-8.86%)
Pak Engineering / Jan 9 Pakistan Engineering Company Limited(PECO)	617 ▼ -54.41 (-8.10%)

Stock	Volume
WorldCall Telecom / Jan 9 Worldcall Telecom Limited(WTL)	520,199,852 ▲ 0.09
Cnergyico PK / Jan 9 Cnergyico PK Limited(CNERGY)	41,301,063 ▼ -0.10
Fauji Foods Ltd / Jan 9 Fauji Foods Limited(FFL)	34,830,810 ▼ -0.49
Sui South Gas / Jan 9 Sui Southern Gas Company Limited(SSGC)	27,158,451 ▼ -0.43
Pak Refinery / Jan 9 Pakistan Refinery Limited(PRL)	24,532,091 ▼ -0.11
K-Electric Ltd. / Jan 9 K-Electric Limited(KEL)	20,634,946 ▼ -0.08
B.O.Punjab / Jan 9 The Bank of Punjab(BOP)	19,667,050 ▲ 0.05
Pak Elektron / Jan 9 Pak Elektron Limited(PAEL)	16,675,855 ▲ 1.08
Big Bird Foods / Jan 9 Big Bird Foods Limited(BBFL)	16,011,857 ▼ -2.30

Markets →

Budget 2024-25: income tax calculator for FY25

Most Popular