Nikkei ends at 3-month low as yen strengthens TOKYO: Japan’s Nikkei share average ended at a three-month low and posted its biggest daily decline in three years... Published 26 Jul, 2024 06:21am
Markets PMEX daily trading report KARACHI: On Wednesday at PMEX, the traded value of Metals, Energy, COTS and indices was recorded at PKR 27.120... Published 26 Jul, 2024 06:21am
Business & Finance Asian currencies subdued BENGALURU: Emerging Asian currencies struggled for momentum on Thursday and most stock markets fell as investors... Published 29 Mar, 2024 04:45am
Business & Finance Asian currencies at multi-month lows as dollar steadies BENGALURU: Several currencies in emerging Asia extended losses on Wednesday to hit multi-month lows, while stocks... Published 28 Mar, 2024 06:30am
Markets Open-market: rupee ends nearly flat against US dollar The Pakistani rupee ended almost flat against the US dollar in the open market on Monday, while the local currency... Updated 08 Jan, 2024 10:35pm
Print Six major currencies: ECs implement new exchange rate mechanism KARACHI: Following the directives of the State Bank of Pakistan (SBP), Exchange Companies Association of Pakistan... Updated 28 Dec, 2023 09:40am
Business & Finance Iran, Russia to trade in local currencies instead of US dollar DUBAI: Iran and Russia have finalised an agreement to trade in their local currencies instead of the U.S dollar,... Published 28 Dec, 2023 04:52am
Markets Afghanistan’s currency emerges as world’s best performer this quarter: report Ruling Taliban have unleashed series of measures to keep afghani in stronghold Updated 26 Sep, 2023 09:47pm
Business & Finance Currencies in limbo awaiting packed week of central banks SYDNEY: Currencies were in limbo on Monday as holidays in most of Asia made for thin trading, while traders braced... Published 02 May, 2023 05:59am
Business & Finance To lessen pressures on rupee: PDP calls for trade in currencies other than dollar KARACHI: Chairman of the Pasban Democratic Party (PDP) Altaf Shakoor has said that to tackle the ongoing economic... Published 06 Mar, 2023 07:29am
Editorials Currencies: criticality of course correction EDITORIAL: Increasing controls on L/Cs along with exchange rate restrictions on the interbank market have only... Published 27 Jan, 2023 06:15am
Print Oil purchases from Russia: Payments will be in currencies of ‘friendly’ states Russia’s energy minister says both sides have drafted an agreement to sort out issues like transportation, insurance, payments and loadings Updated 21 Jan, 2023 08:58am
Markets Rupee registers fifth consecutive loss against US dollar Currency settles at 225.82 in inter-bank market on Monday Updated 26 Dec, 2022 09:55pm
Markets PMEX daily trading report KARACHI: On Wednes-day at PMEX the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 16.319... Published 14 Oct, 2022 03:39am
Opinion Why the dollar’s wrecking-ball rally is not done yet A rally that has the dollar on course for its best year since 1984 has further to run, traders and analysts say,... Published 15 Sep, 2022 05:57am
BR Research Tightening goes on Policy rate is up by 125 bps to round it off at 15 percent. It was not an easy decision. The SBP expects FY23 (next... Published 13 Jul, 2022 08:41am
Business & Finance Dollar retreats as US inflation surge comes in line with expectations NEW YORK: The dollar fell to a fresh two-month low against a basket of currencies on Wednesday after data showed ... Published 13 Jan, 2022 07:17am
Markets Bullish investors lift risk-sensitive currencies as Omicron fears fade LONDON: Bullish investors left the dollar near a one-week low and lifted riskier currencies such as the Australian... Updated 23 Dec, 2021 03:13pm
Business & Finance Dollar firm as risk-sensitive currencies advance NEW YORK: The US dollar steadied on Tuesday, recovering after a bout of profit-taking in the previous session, but... Published 22 Dec, 2021 06:13am
BR Research Remittances: slowing down? While the upbeat momentum of home remittances continues - with 5MFY22 aggregate close to $13 billion up by 9.7... Published 15 Dec, 2021 09:05am
Markets Haven currencies ebb with Omicron fears SYDNEY: Riskier currencies bounced from recent lows and safe-havens such as the yen eased against the dollar on... Published 01 Dec, 2021 12:44pm
Business & Finance Canadian dollar weekly losing streak continues TORONTO: The Canadian dollar fell versus its US counterpart on Friday, touching a seven-week low as concerns over... Published 22 Nov, 2021 05:31am
Markets Commodity currencies at multi-month highs, sterling firm on BoE rate hike bets TOKYO: Commodity currencies stood near multi-month highs on Thursday on strong raw material prices, while the... Published 21 Oct, 2021 10:55am
Business & Finance Dollar hits 10-1/2-month high NEW YORK/LONDON: The US dollar climbed to its highest level in more than 10 months on Tuesday, while other major G10... Published 29 Sep, 2021 03:59am
Business & Finance Canadian dollar outperforms most G10 peers TORONTO: The Canadian dollar edged higher against its US counterpart on Monday as higher oil prices offset... Published 14 Sep, 2021 03:55am
Business & Finance Sterling steadies below two-week highs versus dollar LONDON: Sterling steadied on Wednesday close to two-week highs versus the dollar, with the pound taking its cue from... Published 02 Sep, 2021 04:21am
Markets Australia, NZ dlrs softer SYDNEY: The Australian and New Zealand dollars hovered on Monday near recent lows against the greenback as fears ... Published 03 Aug, 2021 04:35am
Business & Finance Early trade: Dollar eases slightly with Fed in focus NEW YORK: The US dollar dipped slightly against a basket of peer currencies on Tuesday as investors held off from... Published 28 Jul, 2021 04:45am
Business & Finance Early trade in New York: Dollar jumps against basket of currencies NEW YORK: The US dollar jumped against a basket of currencies on Tuesday after data showed US inflation data for ... Published 14 Jul, 2021 03:59am
Business & Finance Central bank digital currencies get full BIS backing LONDON: The Bank for International Settlements has given its full backing to the development of central bank digital... Published 24 Jun, 2021 03:36am