Yen near 10-week low, dollar buoyant as traders adjust rate bets TOKYO: The yen wallowed near a 10-week low on Friday, while the dollar ground towards a fourth weekly advance as... Published 09 Feb, 2024 09:30am
Markets SBP-held foreign exchange reserves decrease $54mn, now stand at $8.22bn Central bank attributes decrease in reserves to debt repayments Published 01 Feb, 2024 08:32pm
Editorials Fixing the forex market EDITORIAL: The State Bank of Pakistan (SBP) has introduced a new foreign exchange (FX) electronic trading platform... Updated 26 Jan, 2024 05:18am
Markets Pakistan’s central bank reserves decrease $66mn, now stand at $8.15bn Foreign exchange reserves held by the State Bank of Pakistan (SBP) decreased by $66 million on a weekly basis,... Updated 11 Jan, 2024 10:47pm
Markets SBP reserves increase $464mn to reach over 5-month high of $8.2bn State Bank of Pakistan attributes jump in dollar stockpile to receipt of official Government of Pakistan inflows Updated 04 Jan, 2024 09:17pm
Markets Open-market: rupee weakens against US dollar The Pakistani rupee edged lower against the US dollar in the open market on Thursday, while the local currency... Published 04 Jan, 2024 07:14pm
Markets Open-market: rupee continues uptrend against US dollar The Pakistani rupee extended gains against the US dollar in the open market on Thursday, while the local currency... Published 28 Dec, 2023 09:34pm
Markets Pakistan’s central bank reserves increase $852mn, now stand at $7.75bn State Bank of Pakistan attributes jump in dollar stockpile to receipt of official Government of Pakistan inflows Updated 29 Dec, 2023 03:06am
Markets Open-market: rupee drifts higher against US dollar The Pakistani rupee registered slight gain against the US dollar in the open market on Wednesday, while the local... Updated 27 Dec, 2023 10:44pm
Markets Pakistan’s central bank reserves increase $21mn, now stand at $7.04bn Foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $21 million on a weekly basis,... Updated 14 Dec, 2023 10:00pm
Markets Pakistan’s central bank reserves decrease $237mn, now stand at $7.02bn Total liquid foreign reserves held by country stand at $12.1 billion as of December 1 Updated 07 Dec, 2023 10:34pm
Print ‘Illegal’ LCs, forex market speculation: MoF set to share list of banks with SIFC today ISLAMABAD: The Finance Ministry is all set to share the list of banks involved in illegal business relating to LCs... Updated 07 Dec, 2023 09:49am
Opinion The untamed frontier of foreign exchange A stable and predictable forex market is a beacon for foreign investors. Their confidence fuels economic growth,... Updated 29 Oct, 2023 04:00am
Markets Pakistan’s central bank reserves fall $220mn, now stand at $7.5bn Total liquid foreign reserves held by country stand at $12.6 billion Updated 26 Oct, 2023 10:43pm
Business & Finance Forex market needs continuity of reforms: Azfar Ahsan KARACHI: “To stabilize the rupee, the government needs to bring reforms and address the existing deficiencies in... Published 21 Oct, 2023 06:05am
Markets Open-market: after opening lower, rupee closes marginally stronger against US dollar After weakening in the early part of the day, the Pakistani rupee closed slightly stronger against the US dollar in... Updated 19 Sep, 2023 06:28pm
BR Research FDI in 2MFY24 Foreign direct investment in the country has been falling continuously; it diminished by 25 percent year-on-year to... Published 19 Sep, 2023 08:51am
Markets Pakistan’s central bank reserves decrease another $140mn, now stand at $7.64bn Dollar stockpile with State Bank of Pakistan falls for 4th straight week Decrease attributed to debt repayment Published 14 Sep, 2023 09:12pm
Editorials Forex market has lost its moorings? EDITORIAL: There was too much chaos in multiple forex markets in the last few days and weeks. It all started with ... Published 08 Sep, 2023 06:01am
Markets SBP-held foreign exchange reserves decline $278mn to $8.35bn Central bank says decrease due to external debt repayments Published 22 Sep, 2022 08:15pm
Opinion FY2022-23: Balance of payments The continuing turmoil in the forex market is a bewildering experience with no parallel in the country’s history.... Published 21 Sep, 2022 05:57am
Opinion A drifting economy It is quite distressful to see the nascent economic recovery ceding way to the same uncertainty and drift that... Published 01 Sep, 2022 05:50am
Business & Finance Forex matters: SBP constitutes body, appoints officer to liaise with FPCCI KARACHI: Dr Murtaza Syed, Governor (Acting) State Bank of Pakistan (SBP) Wednesday announced setting up of a... Updated 04 Aug, 2022 10:32am
Business & Finance BMP assails govt for not keeping check on Forex market LAHORE: The Federation of Pakistan Chambers of Commerce and Industry’s Businessmen Panel (BMP) has denounced the... Published 29 Jul, 2022 06:14am
Print PKR slide: govt feels so helpless because there’s IMF condition Political uncertainty has been taking toll on local currency Updated 28 Jul, 2022 11:21am
Opinion Forex market turmoil and possibility of default On 18th July 22, the country witnessed an unprecedented turmoil in the forex market. Dashing all expectations of... Published 27 Jul, 2022 05:23am
Business & Finance Turkish lira hits weakest level since mid-December ISTANBUL: The Turkish lira slipped 0.8% on Monday and broke beyond 15 to the dollar for the first time since ... Published 10 May, 2022 05:10am
Business & Finance Lira at December lows ISTANBUL: The Turkish lira slid for an eighth consecutive session on Thursday on concerns about the impact of the... Published 11 Mar, 2022 05:12am
Markets Pakistan rupee falls to historic low against US dollar High oil prices have kept Pakistan’s currency on the back foot, which dropped to its lowest level in the inter-bank market on Tuesday Updated 08 Mar, 2022 10:01pm
Markets Dollar buoyant as economic outlook brightens, doubts surround euro Dollar holds gains against major currencies Rises to highest vs. Japanese yen since June Full data calendar awaits traders later in day Updated 26 Mar, 2021 05:13pm
KSE-100 closes above 97,000 for the first time as investors dismiss political noise, index gains 1,782 points