Most Latam FX fall BRASILIA: Most Latin American currencies slipped after rising in the last session on Friday, capping of a week of... Published 28 Oct, 2024 06:21am
Business & Finance FX up by $59m KARACHI: The country’s total liquid foreign reserves rose by $59 million during the last week. According to State... Published 19 Jul, 2024 06:05am
Business & Finance Most Latam FX weaken on dollar strength BRISILIA: Most Latin American currencies dropped against a firm dollar on Friday, with investors awaiting... Published 25 Mar, 2024 05:47am
Business & Finance Enforcement action: SBP imposes over Rs465mn in penalties on 10 banks The State Bank of Pakistan (SBP) imposed penalties worth Rs465.08 million on 10 banks during the quarter ended... Updated 30 Jan, 2024 10:46pm
Print LoI to IMF: govt pledges fiscal discipline Says it will restrain non-priority spending including through energy sector measures aimed at credibly containing energy sector subsidies, the public wage bill, and pensions Updated 19 Jul, 2023 09:56am
Opinion The BRICS’s creeping ‘gold currency’ It’s a shame that market pundits have been busy scandalising JP Morgan’s involvement with the late, notorious ... Updated 13 Jul, 2023 05:15am
Markets New historic low: rupee suffers another dramatic fall, closes at 285.09 against US dollar Currency loses 6.66% or nearly Rs19 in a single session against the US dollar Updated 02 Mar, 2023 09:35pm
Business & Finance Dollar flat as traders eye US midterms, potential partisan gridlock WASHINGTON/LONDON: The dollar was flat on Tuesday as traders looked ahead to US midterm elections and hopes of China... Published 09 Nov, 2022 03:41am
Business & Finance Sterling gains on falling dollar LONDON: Sterling jumped against the dollar on Friday, as most majors fought back against the greenback’s recent... Published 12 Sep, 2022 06:01am
Business & Finance Sterling falls to its lowest since mid-July LONDON: Sterling fell to its lowest since mid-July against the dollar on Monday as surging energy costs and a summer... Published 23 Aug, 2022 05:56am
Business & Finance Dollar pares gains as US growth contracts for second quarter NEW YORK: The dollar pared gains on Thursday after data showed that the US economy contracted again in the second... Published 29 Jul, 2022 06:14am
Business & Finance Dollar boosted by safety bid on rising recession fears NEW YORK: Pessimism about the outlook for the global economy boosted demand for the safe haven US dollar on Friday... Published 02 Jul, 2022 04:10am
Business & Finance Pound gains, but focus stays on struggling UK economy LONDON: The British pound rose against the dollar and euro on Thursday, as investors shrugged off official data... Published 01 Jul, 2022 06:13am
Business & Finance Dollar up, euro down as Lagarde keeps July policy options open LONDON/WASHING-TON: The dollar climbed on Tuesday and the euro held below $1.06 as European Central Bank (ECB)... Published 29 Jun, 2022 05:44am
Business & Finance China’s yuan eases SHANGHAI: China’s yuan slipped against the dollar on Thursday, as strong corporate demand onshore bolstered the... Published 24 Jun, 2022 06:15am
Business & Finance Yen tanks as BOJ sticks to stimulus, caps volatile week for FX NEW YORK: The Japanese yen tumbled against the dollar on Friday after the Bank of Japan bucked a wave of tightening... Published 18 Jun, 2022 06:00am
Business & Finance Dollar higher as risky assets tumble; yen rebounds from 1998 lows NEW YORK: The safe-haven dollar rose to a fresh four-week high against a basket of currencies on Monday, supported ... Published 14 Jun, 2022 05:56am
Business & Finance Dollar eases as traders scale back bets on Fed tightening NEW YORK: The US dollar dipped on Thursday after minutes from the Federal Reserve’s May meeting pointed to... Published 27 May, 2022 05:50am
Business & Finance Sterling rallies to highest vs dollar in over two weeks LONDON: The pound rallied on Monday to more than two-week highs as broad-based dollar weakness allowed the British... Published 24 May, 2022 05:35am
Business & Finance Sterling hits new lows against dollar LONDON: Sterling fell to a fresh two-year low against the US dollar on Thursday after a slew of data pointed to a... Published 13 May, 2022 05:59am
Markets Asian stocks, FX edge up after US inflation data, Indian rupee slips BANGKOK: Most Asian currencies and stock indexes edged higher as data overnight showed US inflation rose largely in... Published 14 Apr, 2022 04:55am
Business & Finance Euro’s gains fizzle LONDON: The euro’s gains fizzled and the dollar received a safe-haven boost on Monday after the Kremlin said there... Published 22 Feb, 2022 04:43am
Business & Finance Sterling rises to two-week high against euro LONDON: Sterling strengthened against the euro and the dollar on Thursday as expectations of a rate hike by the Bank... Published 18 Feb, 2022 04:31am
Business & Finance Sterling falls below $1.34 LONDON: Sterling hit its lowest level against the US dollar so far this year on Thursday as investors sold off... Published 28 Jan, 2022 04:44am
Business & Finance Turkish lira firms ISTANBUL: The lira was firmer on Monday after Turkey’s finance minister was cited as saying inflation may rise to... Published 25 Jan, 2022 05:03am
Business & Finance Dollar dips after ADP data with Fed minutes on tap NEW YORK: The dollar dipped on Wednesday after a stronger-than-expected report on the labor market and ahead of... Published 06 Jan, 2022 04:13am
Business & Finance Dollar drifts lower in choppy holiday trading NEW YORK: The dollar edged lower in thin holiday trading on Wednesday, while the safe-haven yen touched a one-month... Published 30 Dec, 2021 04:40am
Business & Finance Turkish lira slides almost 8pc ISTANBUL: The lira tumbled almost 8% against the dollar on Monday amid persisting investor concern over Turkey’s... Published 28 Dec, 2021 03:54am
Business & Finance Turks converted 10bn lira of fx to new deposit accounts ANKARA: Turks transferred 10 billion lira ($889 million) worth of forex deposits into a new instrument the ... Published 27 Dec, 2021 06:45am
Markets SBP's foreign exchange reserves up $2.6bn State Bank of Pakistan's reserves increase by $2,647.9 million to $ 18.66 billion Updated 10 Dec, 2021 05:06pm