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Nov 14, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►

Markets » Currency

IMF deposits $1.2bn in SBP: Ishaq Dar
Forex

IMF deposits $1.2bn in SBP: Ishaq Dar

  • During the week, Pakistan has received $4.2bn from different avenues including Saudi Arabia, UAE, and the Washington-based lender
  • SBA with IMF will now see two more reviews - in November and February
Updated 13 Jul, 2023 06:02pm
Bitcoin rises 2.3% to $23,199
Forex

Bitcoin rises 2.3% to $23,199

  • Bitcoin, the world's biggest and best-known cryptocurrency, is up 40.6% from the year's low of $16,496 on January 1
Published 21 Jan, 2023 04:15pm
PKR: yet another woeful week
Rates

PKR: yet another woeful week

KARACHI: The rupee had yet another woeful week, losing value in all five sessions for a cumulative fall of 3.7% to...
Published 19 Sep, 2022 05:45am
Bitcoin dips below $20,000
Forex

Bitcoin dips below $20,000

Bitcoin dipped below $20,000 on Saturday, continuing a drop that has taken it down nearly 60% from its year...
Updated 27 Aug, 2022 09:38pm
Central banks will accelerate rise of China's yuan, global survey shows
Currency

Central banks will accelerate rise of China's yuan, global survey shows

  • Global Public Investor survey, published annually by the London-based OMFIF think tank, shows 30% of central banks plan to increase yuan holdings over the next 12-24 months
  • In stark contrast to the yuan, 20% of central banks plan to reduce their holdings of the U.S. dollar over the next 12-24 months and 18% plan to reduce their euro holdings
Published 22 Jul, 2021 01:30am
Your rupee last week
Currency

Your rupee last week

KARACHI: Following currency fluctuations took place in foreign exchange rates during the last week. (November 23 to...
Published 30 Nov, 2020 02:58am
YOUR RUPEE LAST MONTH
Currency

YOUR RUPEE LAST MONTH

KARACHI: Following currency fluctuations took place in foreign exchange rates during the last month. (October 1 to...
Published 30 Nov, 2020 02:58am
Currency notes: exchange rates
Forex

Currency notes: exchange rates

KARACHI: Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan...
Published 28 Nov, 2020 03:04am
Dollar tumbles in Europe
Currency

Dollar tumbles in Europe

LONDON: The dollar fell on Friday, close to its lowest in three months and on track for a weekly loss against a...
Published 28 Nov, 2020 03:04am
Currency notes: exchange rates
Forex

Currency notes: exchange rates

KARACHI: Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan...
Published 27 Nov, 2020 03:08am
Euro retreats in Europe
Currency

Euro retreats in Europe

LONDON: The euro retreated on Thursday after briefly hitting a near three-month high against the dollar as concerns...
Published 27 Nov, 2020 03:08am
Bitcoin plunges
Currency

Bitcoin plunges

LONDON: Bitcoin plunged on Thursday to its lowest level in 10 days, slamming the brakes on its blistering rally and...
Published 27 Nov, 2020 03:08am
Aussie, kiwi steady
Currency

Aussie, kiwi steady

SYDNEY: The Australian and New Zealand dollars paused to digest recent meaty gains on Thursday as a US holiday...
Published 27 Nov, 2020 03:08am
Gold rises in Europe
Commodities

Gold rises in Europe

LONDON: Gold gained on a softer dollar on Thursday and as a mounting number of Covid-19 cases and their economic ...
Published 27 Nov, 2020 03:08am
THE RUPEE: $ under pressure
Currency

THE RUPEE: $ under pressure

KARACHI: On Wednesday, global weakening in USD was reflected in Pakistani markets as well with PKR going below 160 ...
Published 26 Nov, 2020 02:54am
US MIDDAY: Gold rises
Commodities

US MIDDAY: Gold rises

NEW YORK: Gold rose on Wednesday as an unexpected rise in US jobless claims slammed the brakes on the previous...
Published 26 Nov, 2020 02:54am
Currency notes: exchange rates
Forex

Currency notes: exchange rates

KARACHI: Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan...
Published 26 Nov, 2020 02:54am
Dollar declines in Europe
Currency

Dollar declines in Europe

• Bitcoin shy of 2017 record LONDON: The dollar traded near its lowest levels in nearly 3 months on Wednesday as...
Published 26 Nov, 2020 02:54am
Bank Alfalah introduces PM’s Roshan Digital Account to Dubai Expats
Currency

Bank Alfalah introduces PM’s Roshan Digital Account to Dubai Expats

Eligible non-resident Pakistanis can open their Roshan Digital Accounts in multiple currency offerings with any of the SBP’s partner banks. This fully digitized, fully repatriable account is the first of its kind in Pakistan’s banking history and has been created to meet the needs of the Pakistani diaspora.
Published 25 Nov, 2020 08:02pm
Improved risk appetite keeps dollar depressed
Forex

Improved risk appetite keeps dollar depressed

  • Bitcoin, a cryptocurrency known for extreme volatility, also traded near an all-time high, in a further sign that investors are growing more comfortable taking on riskier positions.
Published 25 Nov, 2020 05:27pm
Dollar under pressure as risk appetite stages a comeback
Currency

Dollar under pressure as risk appetite stages a comeback

  • The U.S. currency teetered near a two-month low against the Australian dollar and a two-year low against the New Zealand dollar, both considered barometers of risk sentiment due to their close ties with the global commodities trade.
Published 25 Nov, 2020 10:01am
Currency notes: exchange rates
Forex

Currency notes: exchange rates

KARACHI: Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan...
Published 25 Nov, 2020 02:56am
THE RUPEE: Upward trend
Currency

THE RUPEE: Upward trend

KARACHI: On Tuesday, PKR went up by quite a margin against USD in both inter-bank and open markets thus going below...
Published 25 Nov, 2020 02:56am
Dollar falls in Europe
Currency

Dollar falls in Europe

LONDON: The Australian dollar rose to a two-and-a-half-month high and the euro gained on Tuesday as US President...
Published 25 Nov, 2020 02:56am
Dollar dips as Biden transition, vaccines boost risk appetite
Forex

Dollar dips as Biden transition, vaccines boost risk appetite

  • Trump acknowledged that the head of the General Services Administration should go ahead with a transition to a government led by President-elect Biden,
  • We had two big risk events taken off the table, one that the Trump administration was not going to allow for an orderly transition.
Published 25 Nov, 2020 02:29am
JPMorgan Chase to pay $250mn for failings in asset, wealth business
Currency

JPMorgan Chase to pay $250mn for failings in asset, wealth business

  • The Office of the Comptroller of the Currency (OCC) said it found that JPMorgan's risk management practices were "deficient and it lacked sufficient controls to avoid conflicts of interest."
  • In its consent order with the bank, the OCC did not require changes to the way the bank manages client assets.
Published 25 Nov, 2020 12:56am
Nigerian stocks fall
Stocks

Nigerian stocks fall

ABUJA: Nigerian stocks fell to a two-week low on Monday after third-quarter data showed the economy was in ...
Published 24 Nov, 2020 03:07am
Currency notes: exchange rates
Forex

Currency notes: exchange rates

KARACHI: Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan...
Published 24 Nov, 2020 03:07am
Gold dips in Europe
Commodities

Gold dips in Europe

LONDON: Gold prices eased on Monday as drugmaker AstraZeneca injected fresh optimism into the race for a Covid-19...
Published 24 Nov, 2020 03:07am
Sterling rallies
Currency

Sterling rallies

LONDON: Sterling rallied on Monday as more positive news about a potential Covid-19 vaccine propelled investors to...
Published 24 Nov, 2020 03:07am
SBP's Monetary Policy Committee maintain policy rate at 7pc
Currency

SBP's Monetary Policy Committee maintain policy rate at 7pc

  • On the inflation front, recent out-turns have been on the higher side, primarily due to increases in food prices.
  • As per SBP, exports have recovered to their pre-COVID monthly level of around $2 billion in September and October, with the strongest recovery in textiles, rice, cement, chemicals, and pharmaceuticals.
Updated 23 Nov, 2020 04:08pm
Currency notes: exchange rates
Forex

Currency notes: exchange rates

KARACHI: Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan...
Published 21 Nov, 2020 02:44am
DSJs to check smuggling
Currency

DSJs to check smuggling

EDITORIAL: The federal cabinet's approval of delegation of legal powers to District and Sessions Judges (DSJs) in 19...
Published 21 Nov, 2020 02:44am