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Print - 2015-11-17
Japan dips into recession in stumble for 'Abenomics'

Japan dips into recession in stumble for 'Abenomics'

Japan slipped into its fourth technical recession in five years between July and September - spotlighting how the government's "Abenomics" policies have struggled to drag the economy out of chronic stagnation. Official data on Monday showed the world's th
Published 17 Nov, 2015 12:00am
Coalition jets pound IS 'capital' in Syria, oil trucks

Coalition jets pound IS 'capital' in Syria, oil trucks

US-led coalition warplanes have pounded the Islamic State group in Syria after the Paris attacks, with French raids hitting IS stronghold Raqa and another strike destroying dozens of oil tankers. In its first major military response to Friday's attacks in
Published 17 Nov, 2015 12:00am
Coalition jets pound IS 'capital' in Syria, oil trucks

Coalition jets pound IS 'capital' in Syria, oil trucks

US-led coalition warplanes have pounded the Islamic State group in Syria after the Paris attacks, with French raids hitting IS stronghold Raqa and another strike destroying dozens of oil tankers. In its first major military response to Friday's attacks in
Published 17 Nov, 2015 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Monday (November 16, 2015).

Published 17 Nov, 2015 12:00am
CIA chief expects more IS attacks in 'pipeline'

CIA chief expects more IS attacks in 'pipeline'

CIA director John Brennan war-ned Monday that the attacks in Paris were likely not a "one off event" and that he expects the Islamic State group has more operations in the pipeline. "Security and intelligence services right now are working feverishly to s
Published 17 Nov, 2015 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Monday (November 16, 2015).

Published 17 Nov, 2015 12:00am
CIA chief expects more IS attacks in 'pipeline'

CIA chief expects more IS attacks in 'pipeline'

CIA director John Brennan war-ned Monday that the attacks in Paris were likely not a "one off event" and that he expects the Islamic State group has more operations in the pipeline. "Security and intelligence services right now are working feverishly to s
Published 17 Nov, 2015 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Monday (November 16, 2015).

Published 17 Nov, 2015 12:00am
Iran to cut IS threat at Afghan, Iraqi borders

Iran to cut IS threat at Afghan, Iraqi borders

A top Iranian army commander said Monday that his troops would take "decisive" action if Islamic State group militants come within 40 kilometres of its borders with Iraq and Afghanistan. Iran, the major Shia power in the Middle East, is heavily involved i
Published 17 Nov, 2015 12:00am
Iran to cut IS threat at Afghan, Iraqi borders

Iran to cut IS threat at Afghan, Iraqi borders

A top Iranian army commander said Monday that his troops would take "decisive" action if Islamic State group militants come within 40 kilometres of its borders with Iraq and Afghanistan. Iran, the major Shia power in the Middle East, is heavily involved i
Published 17 Nov, 2015 12:00am
France seeks global coalition against IS

France seeks global coalition against IS

French President Francois Hollande called on the United States and Russia to join a global coalition to destroy Islamic State in the wake of the attacks across Paris, and announced a wave of measures to combat terror in France. "France is at war," Holland
Published 17 Nov, 2015 12:00am
France seeks global coalition against IS

France seeks global coalition against IS

French President Francois Hollande called on the United States and Russia to join a global coalition to destroy Islamic State in the wake of the attacks across Paris, and announced a wave of measures to combat terror in France. "France is at war," Holland
Published 17 Nov, 2015 12:00am
US approves $1.29 billion sale of bombs to Saudi Arabia

US approves $1.29 billion sale of bombs to Saudi Arabia

The US government has approved a request from Saudi Arabia to buy more than 19,000 bombs and smart bombs for its air force, the State Department said Monday. Congress will have to green light the deal, but the $1.29 billion dollar sale is likely to go thr
Published 17 Nov, 2015 12:00am
US approves $1.29 billion sale of bombs to Saudi Arabia

US approves $1.29 billion sale of bombs to Saudi Arabia

The US government has approved a request from Saudi Arabia to buy more than 19,000 bombs and smart bombs for its air force, the State Department said Monday. Congress will have to green light the deal, but the $1.29 billion dollar sale is likely to go thr
Published 17 Nov, 2015 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Monday (November 16, 2015).

Published 17 Nov, 2015 12:00am
Money Market Report
Kerb

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Monday (November 16, 2015).
Published 17 Nov, 2015 12:00am
Currency notes: exchange rates
Currency

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Monday (November 16, 2015).

Published 17 Nov, 2015 12:00am
Exchange rates: buying and selling

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Monday (November 16, 2015).

Published 17 Nov, 2015 12:00am
Barclays bid rates and maximum rates for payment of interest

Barclays bid rates and maximum rates for payment of interest

Barclays bid rates, maximum rates for payment of interest by authorised dealers on deposits (other than those brought under FE Circular No: 45 of 1985) and on deposits (brought under FE Circular No: 45 of 1985) - issued by the Foreign Exchange Rates Commi
Published 17 Nov, 2015 12:00am
State Bank of Pakistan conversion rates
Currency

State Bank of Pakistan conversion rates

Rates applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special US Dollar bonds and profits thereon by all banks and also for providing forward cover on foreign currency d
Published 17 Nov, 2015 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 17 Nov, 2015 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 17 Nov, 2015 12:00am
US natural gas futures up over 4 percent on cooler weather

US natural gas futures up over 4 percent on cooler weather

US natural gas futures gained over 4 percent on Friday on colder weather forecasts expected to boost heating demand over the next two weeks and a slightly smaller-than-projected storage build. Front-month gas futures on the New York Mercantile Exchange cl
Published 17 Nov, 2015 12:00am
Rains, sunshine help Ivory Coast's cocoa crop

Rains, sunshine help Ivory Coast's cocoa crop

Light rains and sunshine in most of Ivory Coast's main cocoa-growing regions prompted farmers to say on Monday that conditions were improving for the harvest despite the upcoming dry season and Harmattan winds. The dry season in Ivory Coast runs from mid-
Published 17 Nov, 2015 12:00am
Russia, Ukraine cut winter wheat sowing area due to dry weather

Russia, Ukraine cut winter wheat sowing area due to dry weather

Russia and Ukraine, the leading wheat producers in the Black Sea region, have cut their 2016 winter wheat sowing area due to dry weather, analysts and traders said, signalling more risks of next year's crop and exports. The two countries combined are expe
Published 17 Nov, 2015 12:00am
Cotton market: prices rise on cautious buying
Cotton

Cotton market: prices rise on cautious buying

Prices ascended on the cotton market on Monday amid selective buying by mills and spinners mainly, dealers said. The official spot rate gained Rs 50 to Rs 5,300, dealers said. In Sindh, seed cotton prices were up by Rs 100 to Rs 2400 and Rs 3000 and in th
Published 17 Nov, 2015 12:00am
US Plains HRW wheat bids firmer

US Plains HRW wheat bids firmer

Basis bids for hard red winter wheat stayed firmed, with very little change at flour mills and elevators in Kansas, Oklahoma and Texas on Friday, dealers said. Farmers were slow to sell wheat crops, but elevators in Goodland, Kansas, and Catoosa, Oklahoma
Published 17 Nov, 2015 12:00am
Palm oil down on European vegoils market
Vegetable Oil

Palm oil down on European vegoils market

Palm oil on the European vegetable oils market continued to fall on Friday as Malaysian palm oil futures slipped on weak demand. "The market was easing mostly on bearish news, like slow demand and predictions for large soyabean crops," one broker said.
Published 17 Nov, 2015 12:00am
CBOT wheat futures fall 5 percent

CBOT wheat futures fall 5 percent

Front-month wheat futures on the Chicago Board of Trade drifted lower on Friday and posted a weekly decline of more than 5 percent, the biggest since July, pressed by technical selling and dismal export prospects. Additional pressure stemmed from a strong
Published 17 Nov, 2015 12:00am
Ukraine's 2016-17 wheat exports could plummet

Ukraine's 2016-17 wheat exports could plummet

Ukrainian wheat exports in the 2016/17 season could fall to about 3.5 million tonnes due to poor weather, from expected sales of 16.5 million tonnes in 2015/16, a senior agriculture ministry source said on Monday, quoting traders' forecasts. Excessively d
Published 17 Nov, 2015 12:00am
Asian naphtha crack hits seven-month high

Asian naphtha crack hits seven-month high

Asia's naphtha crack edged up to a seven-month high of $111.65 a tonne on Friday, driven by recent brisk demand and low Brent crude prices which are on track for the biggest weekly loss in over two months. This week alone, South Korea and Taiwan have boug
Published 17 Nov, 2015 12:00am
China's corn stockpile surges, planning to curb output
Cotton

China's corn stockpile surges, planning to curb output

China is planning to cut domestic corn production over the next five years to help ease its bulging state stockpiles, which could exceed more than a year's worth of consumption by the first half of next year, industry sources said. Production cuts by the
Published 17 Nov, 2015 12:00am
Daily trading report of PMEX
Cotton

Daily trading report of PMEX

On Friday, at Pakistan Mercantile Exchange (PMEX), value traded was PKR 4.57 billion. The number of lots traded was 24.74 million. PMEX Commodity Index closed at 2,543. Major business was contributed by gold amounting to PKR 4.49 billion followed by silve
Published 17 Nov, 2015 12:00am
US FOB Gulf corn and wheat offers weaken on supply glut

US FOB Gulf corn and wheat offers weaken on supply glut

Export premiums for corn and wheat weakened at US ports on Friday, pressured by abundant supplies of the grain following robust harvests, traders said. FOB offers for soyabeans held steady. Export demand for corn was expected to pick up in the coming week
Published 17 Nov, 2015 12:00am
US Midwest corn and soyabean bids flat

US Midwest corn and soyabean bids flat

Spot cash basis bids for corn and soyabeans were largely unchanged around the US Midwest on Friday, as basis firmed a few cents at river terminals and processors. The corn basis at processor in Blair, Nebraska firmed by 2 cents. Soyabean basis bids at a g
Published 17 Nov, 2015 12:00am
India sugar futures jump on output concerns

India sugar futures jump on output concerns

Indian sugar futures jumped on Monday on concerns over production and on hopes the government will approve incentives to mills. "Futures rose on expectations the government will provide some kind of incentives to the sugar industry," said Ashok Jain, pres
Published 17 Nov, 2015 12:00am
EU wheat posts biggest weekly fall this season

EU wheat posts biggest weekly fall this season

European milling wheat futures dropped on Friday, recording the steepest weekly fall since the start of the season at more than 4 percent, mainly pressured by weak export demand and forecassts of hefty stocks in France. Front-month December milling wheat
Published 17 Nov, 2015 12:00am
Activities at Karachi and Qasim ports

Activities at Karachi and Qasim ports

The Karachi Port handled 183,213 tonnes of cargo comprising 155,838 tonnes of import cargo and 27,375 tonnes of export cargo including 4,464 loaded and empty containers during the last 48 hours ending at 0700 hours on Monday. The total import cargo of 155
Published 17 Nov, 2015 12:00am
Canadian canola slides to weekly loss

Canadian canola slides to weekly loss

ICE Canadian canola fell on Friday, pressured by weak soyoil and technical selling, registering a weekly loss. Commercial buying near the day's lows and a weaker Canadian dollar underpinned the market, a trader said. Most-active January canola lost $1.60
Published 17 Nov, 2015 12:00am
Russia exports 1.6 million tonnes of grain

Russia exports 1.6 million tonnes of grain

Russia exported 1.6 million tonnes of grain, including 1.0 million tonnes of wheat, between November 1 and 13, the Grain Quality Centre said on Monday. The Centre, part of the state food safety watchdog Rosselkhoznadzor, calculates its data based on phyto
Published 17 Nov, 2015 12:00am
Soyabean planting in Brazil's top growing state speeds up

Soyabean planting in Brazil's top growing state speeds up

Soyabean planting in Brazil's top soya state Mato Grosso sped up sharply over the past week after rainfall in many regions and is now in line with the previous year, the state's agricultural institute Imea said on Friday. Planting in the state responsible
Published 17 Nov, 2015 12:00am
Struggling US oil producers get credit lifeline amid downturn

Struggling US oil producers get credit lifeline amid downturn

An autumn credit crunch was expected to hit many independent US oil producers, starving the industry of billions of dollars and further denting company budgets and drilling plans. But banks that adjust their loans to energy companies every six months base
Published 17 Nov, 2015 12:00am
Shanghai copper sags

Shanghai copper sags

Shanghai Futures Exchange copper sagged 1.2 percent to 36,030 yuan ($5,658.42) a tonne on Monday, having also plumbed a six-year low, following attacks in Paris that renewed risk aversion and lifted the dollar, dragging on a struggling global economic rec
Published 17 Nov, 2015 12:00am
Demand fears push copper to lowest in more than six years
Currency

Demand fears push copper to lowest in more than six years

Copper prices fell to their lowest in more than six years on Monday in a sell-off triggered by the attacks in Paris, a stronger dollar and poor demand prospects in top consumer China. Benchmark copper on the London Metal Exchange slid as low as $4,685 a t
Published 17 Nov, 2015 12:00am
Rubber slides

Rubber slides

Benchmark Tokyo rubber futures slid on Monday, dragged down by slumping Tokyo share prices and a stronger yen after suspected Islamist militants launched co-ordinated attacks across Paris that killed more than 130 people late last week. The Tokyo Commodit
Published 17 Nov, 2015 12:00am
Malaysian palm oil falls on slow-moving demand
Vegetable Oil

Malaysian palm oil falls on slow-moving demand

Malaysian palm oil futures dropped for a second straight session on Monday due to slow-moving demand amid higher production, although a weaker ringgit, higher crude oil prices and improving exports limited falls. The February benchmark palm oil contract o
Published 17 Nov, 2015 12:00am
Cocoa climbs to 2011 high, coffee up from near two-year low

Cocoa climbs to 2011 high, coffee up from near two-year low

Cocoa futures on ICE rose to the highest in more than 4-1/2 years on Monday, as weekly arrivals in top grower Ivory Coast again fell below year-ago levels, raising 2015-16 output concerns after dry weather earlier in the season. Arabica coffee climbed fro
Published 17 Nov, 2015 12:00am
Gold jumps in Asia

Gold jumps in Asia

Gold jumped 1 percent on Monday, moving away from a near-six-year low, as investors sought safety in the metal following Friday's deadly attacks in Paris. Spot gold rose 1.2 percent to $1,095.77 an ounce by 0645 GMT, after earlier hitting a session high o
Published 17 Nov, 2015 12:00am
Gold rebounds in Europe
Currency

Gold rebounds in Europe

Gold rebounded on Monday from last week's six-year low as the attacks in Paris prompted a bout of global risk aversion. Spot gold rose as much as 1.4 percent to a 10-day high of $1,097.90 an ounce, with US gold futures gaining more than 1 percent to a ses
Published 17 Nov, 2015 12:00am
Soyabeans sink to lowest since 2009
Currency

Soyabeans sink to lowest since 2009

US corn and soyabean futures eased on Monday, hitting its lowest in more than 6-1/2 years on ample supplies both domestically and globally, traders said. Corn futures edged higher, supported by a round of bargain buying and short-covering. But the gains w
Published 17 Nov, 2015 12:00am
US MIDDAY: gold pares gains

US MIDDAY: gold pares gains

Gold pared gains on Monday, after an initial flow of safe-haven buying following the attacks in Paris slowed down and investors' focus returned to expectations for the US Federal Reserve to raise interest rates in December. Spot gold rose as much as 1.4 p
Published 17 Nov, 2015 12:00am
China's Tsinghua Unigroup to invest $47 billion to build chip empire

China's Tsinghua Unigroup to invest $47 billion to build chip empire

China's Tsinghua Unigroup Ltd plans to invest 300 billion yuan ($47 billion) over the next five years in a bid to become the world's third-biggest chipmaker, the chairman of the state-backed technology conglomerate said on Monday. Chairman Zhao Weiguo als
Published 17 Nov, 2015 12:00am
Bundesbank sees resilient growth in advanced economies

Bundesbank sees resilient growth in advanced economies

The economic upturn in advanced economies is proving to be robust to the emerging market turmoil and the drop in commodity prices seem to be the reflection of the global slowdown rather than its cause, Germany's central bank said on Monday.
Published 17 Nov, 2015 12:00am
French hotels, restaurants see post-attacks bookings slump

French hotels, restaurants see post-attacks bookings slump

French hotels and restaurants Monday reported a slump in bookings and a spate of cancellations since Friday's deadly attacks in Paris. "The months ahead are going to be difficult - as was the case after January's attacks" in the French capital against the
Published 17 Nov, 2015 12:00am
India's wholesale prices drop

India's wholesale prices drop

India's wholesale prices dropped for a 12th straight month in October, falling an annual 3.81 percent mainly due to easing fuel prices, government data showed on Monday. The fall was almost in line with the forecast made by economists in a Reuters poll of
Published 17 Nov, 2015 12:00am
Ukraine creeps out of recession in third quarter

Ukraine creeps out of recession in third quarter

Ukraine edged out of recession last quarter with 0.7 percent growth, official statistics showed Monday, as authorities eye the start of a lengthy path to recovery after a devastating economic collapse sparked by conflict. The Ukrainian economy is barely b
Published 17 Nov, 2015 12:00am
China, Turkey renew 12 billion yuan currency swap deal
Currency

China, Turkey renew 12 billion yuan currency swap deal

China and Turkey have renewed their bilateral local currency swap agreement for a further three years, and increased the swap line from 10 billion yuan to 12 billion yuan ($1.88 billion), the People's Bank of China (PBOC) said on Monday. The pact could be
Published 17 Nov, 2015 12:00am
Apec wary US-led trade pact could become 'rich-economy club'

Apec wary US-led trade pact could become 'rich-economy club'

Apec does not want to see a United States-led free-trade agreement become a "rich-economy club", a senior forum official said Monday. Speaking ahead of an Asia-Pacific Economic Cooperation (Apec) summit in the Philippine capital Manila, Alan Bollard, exec
Published 17 Nov, 2015 12:00am
Marriott to buy Starwood to create world's biggest hotel chain

Marriott to buy Starwood to create world's biggest hotel chain

Marriott International Inc will buy Starwood Hotels & Resorts World-wide Inc for $12.2 billion to create the world's largest hotel chain with top brands including Sheraton, Ritz Carlton and the Autograph Collection. The combined company will have over 5,5
Published 17 Nov, 2015 12:00am
Cyprus needs to bring down level of bad bank loans: ECB, EU

Cyprus needs to bring down level of bad bank loans: ECB, EU

Cypriot authorities should focus on helping their banks bring down their high levels of non-performing loans, the European Central Bank, the European Commission and the IMF said in a joint statement on Monday. While noting "favourable elements" in a recen
Published 17 Nov, 2015 12:00am
World Bank signs $250 million deal to upgrade Afghan highways

World Bank signs $250 million deal to upgrade Afghan highways

The World Bank has formally signed off a $250 million grant to upgrade roads crossing Afghanistan's Hindu Kush mountains, crucial trade links that are often closed in winter by snow. The money will be used to improve the Salang highway, which connects Kab
Published 17 Nov, 2015 12:00am
World Bank signs $250 million deal to upgrade Afghan highways

World Bank signs $250 million deal to upgrade Afghan highways

The World Bank has formally signed off a $250 million grant to upgrade roads crossing Afghanistan's Hindu Kush mountains, crucial trade links that are often closed in winter by snow. The money will be used to improve the Salang highway, which connects Kab
Published 17 Nov, 2015 12:00am
Saudi Arabia, UAE markets rebound after sell-off; Egypt slumps

Saudi Arabia, UAE markets rebound after sell-off; Egypt slumps

Markets in Saudi Arabia and the United Arab Emirates rebounded on Monday as some investors bought back stocks at lower prices following a broad sell-off a day earlier, but Egypt extended declines to hit a new 23-month low. Saudi Arabia's benchmark had tum
Published 17 Nov, 2015 12:00am
Taiwan stocks down

Taiwan stocks down

Taiwan stocks fell on Monday as technology and transport shares tumbled in the aftermath of the terror attacks in Paris and news that Japan relapsed into recession. Japan and Europe are among key markets for the export-oriented island economy and its sign
Published 17 Nov, 2015 12:00am
Tokyo stocks lower
Currency

Tokyo stocks lower

Tokyo stocks ended one percent lower Monday after data showed Japan's economy slipped back into recession in July-September, while the deadly Paris terror attacks weighed on airline and travel stocks. The economy shrank 0.2 percent in the third quarter, o
Published 17 Nov, 2015 12:00am
Sri Lankan shares fall

Sri Lankan shares fall

Sri Lankan shares fell for a fifth straight session on Monday and closed at their lowest in more than four months, led by large caps as uncertainty over the upcoming budget dented investor sentiment. The main stock index fell below a key psychological bar
Published 17 Nov, 2015 12:00am
Southeast Asian stocks fall after outflows, Paris attacks

Southeast Asian stocks fall after outflows, Paris attacks

Most Southeast Asian stock markets fell on Monday, with stocks in the Philippines suffering the worst drop in nearly five weeks as Friday's attacks in Paris further fuelled foreign selloffs in emerging markets. The Philippines' key stock index dropped 1.8
Published 17 Nov, 2015 12:00am
India's NSE climbs

India's NSE climbs

India's NSE index bounced back to post its biggest single-day percentage gain in a month on local media reports that the government would discuss a roadmap to roll out the proposed goods and services tax (GST) next month. The government plans to implement
Published 17 Nov, 2015 12:00am
Hong Kong shares fall

Hong Kong shares fall

Hong Kong stocks dropped on Monday, tracking most regional markets, as Friday's deadly attacks in Paris dampened investors' risk globally. The Hang Seng index fell 1.7 percent, to 22,010.82, while the China Enterprises Index lost 2.0 percent, to 9,978.70
Published 17 Nov, 2015 12:00am
China stocks reverse early losses

China stocks reverse early losses

China stocks reversed early losses and ended higher on Monday, as the market regained its footing after being hit by anxiety stemming from the deadly attacks in Paris. Morning sentiment was also weak also because regulators tightened margin financing requ
Published 17 Nov, 2015 12:00am
FTSE closes higher, helped by AstraZeneca, Taylor Wimpey
Currency

FTSE closes higher, helped by AstraZeneca, Taylor Wimpey

Britain's top share index ended higher on Monday, helped by a rally in AstraZeneca after a delay in the approval for a rival drug and strong gains by builder Taylor Wimpey on a brighter earnings outlook. However, travel and leisure stocks slumped after Fr
Published 17 Nov, 2015 12:00am
Australia, New Zealand shares hit multi-week lows
Currency

Australia, New Zealand shares hit multi-week lows

Australian shares slid 0.9 percent on Monday to their lowest level in 1-1/2 months led by selling in banking and industrial stocks as heightened risk aversion in the wake of Friday's deadly attacks in Paris swept regional markets. French warplanes pounded
Published 17 Nov, 2015 12:00am
Billions wiped off travel shares in Europe, overall market steady

Billions wiped off travel shares in Europe, overall market steady

European shares held steady on Monday, supported by gains in the energy sector that helped offset a slump in travel stocks following Friday's militant attacks in Paris. Energy shares outpaced the broader market, buoyed by the prospect of higher oil prices
Published 17 Nov, 2015 12:00am
China's yuan eases, even amid IMF currency basket optimism
Currency

China's yuan eases, even amid IMF currency basket optimism

China's yuan weakened on Monday despite signs that it is almost certain to be included in the International Monetary Fund (IMF) currency basket, as the dollar gained against major currencies. Traders said dollars were in greater demand after a series of d
Published 17 Nov, 2015 12:00am
Euro slips to 6 1/2 months low in Asia
Currency

Euro slips to 6 1/2 months low in Asia

The euro hit a 6 1/2-month low against the yen and edged near 6 1/2-month lows against the dollar in Asia on Monday after the deadly attacks in Paris added to caution on the common currency. Even before the attacks, the euro had been under pressure from e
Published 17 Nov, 2015 12:00am
Early trade in New York: Dollar gains broadly
Currency

Early trade in New York: Dollar gains broadly

The dollar rose on Monday against major currencies as markets grow more convinced the Federal Reserve will raise interest rates next month and investor worries faded over Friday night's attacks in Paris. The euro was off 0.6 percent versus the greenback a
Published 17 Nov, 2015 12:00am
Euro underperforms as Paris attacks spur economy worries
Currency

Euro underperforms as Paris attacks spur economy worries

The euro was pinned near seven-month troughs against the dollar on Monday, as investors worried about the impact on the euro zone economy of Friday's Paris attacks steered clear of the common currency. Traditional safe-haven the Swiss franc rose 0.4 perce
Published 17 Nov, 2015 12:00am
Bangladesh's interbank forex, interest rates

Bangladesh's interbank forex, interest rates

Interbank buy/sell rates for the taka against the dollar on Monday. 78.55-78.62 (previous 78.54-78.55). 02.50-04.50 percent (Previous 02.50-04.50 percent).
Published 17 Nov, 2015 12:00am