Dollar hits year-to-date lows as bulls get nervous SINGAPORE: The yen shot to a 2-1/2 month high on Friday on the back of a jump in Japanese inflation, while the... Published 21 Feb, 2025 08:05am
Business & Finance Dollar retreats, Yen surges to 11-week highs NEW YORK: The US dollar fell against major currencies on Thursday, as investors took a step back and digested... Published 21 Feb, 2025 06:49am
Markets Dollar firms on Ukraine tensions, kiwi slumps as RBNZ slashes rates TOKYO: The U.S. dollar held firm on Wednesday on the back of tariff concerns and tense Russia-Ukraine negotiations,... Published 19 Feb, 2025 08:14am
Markets Dollar wobbles, Aussie just below 2-month high ahead of RBA decision SINGAPORE: The dollar wobbled near two-month lows on Tuesday as traders weighed tariff worries and the path to U.S.... Published 18 Feb, 2025 08:24am
Business & Finance Jul-Jan exports jump 10.16pc to $19.58bn YoY ISLAMABAD: Pakistan’s exports witnessed an increase of 10.16 percent during the first seven months (July-January) of... Published 18 Feb, 2025 03:01am
Markets Yen gains; Aussie, kiwi steady before rate decisions SINGAPORE: The yen rose on Monday in a boost from upbeat Japanese GDP data, while the Australian and New Zealand... Published 17 Feb, 2025 07:56am
Markets Kerb buying and selling rate of US dollar KARACHI: Dollar buying and selling rate in the kerb market in rupees on Friday (February 14, 2025) .... Published 15 Feb, 2025 05:54am
Markets Jun-Oct 2024: SBP buys $3.8bn from market to increase FX reserves The State Bank of Pakistan (SBP) purchased $3.8 billion from domestic foreign exchange (FX) markets from June to... Published 05 Feb, 2025 08:34pm
Markets Euro steadies ahead of ECB decision, dollar dips SINGAPORE: The euro firmed a touch on Thursday ahead of a policy decision from the European Central Bank (ECB) where... Published 06 Jun, 2024 09:58am
Markets Saudi Arabia joins BIS- and China-led central bank digital currency project LONDON: Saudi Arabia has joined a China-dominated central bank digital currency cross-border trial, in what could be... Published 06 Jun, 2024 03:09am
World Millions of Afghans go hungry as winter cold bites PUL-E ALAM: Khurma had to borrow her neighbour’s shoes to walk to Pul-e Alam city to collect a cash handout being... Published 17 Jan, 2024 12:09pm
Markets Holiday thins trading after data nudges dollar higher SINGAPORE: Currency markets were lulled by holidays in Japan and the United States on Thursday, leaving the US... Published 23 Nov, 2023 09:56am
Business & Finance Indonesian rupiah drags weak Asian FX lower BENGALURU: Most Asian currencies and equities eased on Wednesday after a recent rally, as investors exercised ... Published 23 Nov, 2023 03:19am
Markets Open-market: rupee weakens further against US dollar The Pakistani rupee registered a further loss against the US dollar in the open market on Tuesday, while the local... Updated 31 Oct, 2023 07:34pm
Markets Dollar shortage worries push Indian rupee premiums to 2-month low MUMBAI: Concerns over a persistent shortage of US dollars drove the USD/INR overnight swap rate and forward premiums... Updated 31 Oct, 2023 11:03am
Markets Inter-bank market: rupee’s winning streak continues, settles at 278.58 against US dollar Local currency has now appreciated for 26 successive sessions Has cumulatively gained 10.24 % since it hit a record low of 307.1 in inter-bank market on Sept 5 Updated 12 Oct, 2023 07:03pm
Markets Dollar hovers near two-week lows ahead of inflation data SINGAPORE: The dollar was rooted near a two-week low on Thursday following minutes from the last US Federal Reserve... Published 12 Oct, 2023 09:01am
Business & Finance Indian rupee ends stronger MUMBAI: The Indian rupee closed stronger on Wednesday tracking Asian peers higher but potential upside on the local... Published 12 Oct, 2023 05:57am
Pakistan Two held in raid on forex firm PESHAWAR: The Commercial Banking Circle of Federal Investigation Agency (FIA) arrested two accused and recovered... Published 08 Oct, 2023 03:12am
Editorials Crackdown on smuggling EDITORIAL: The most recent scare about the economy, especially how complying with IMF conditions, inflated utility... Published 07 Oct, 2023 06:01am
World WB approves 600m USD loan to boost Philippines’ digital transformation MANILA: The World Bank said on Saturday that it has approved 600 million US dollars in financing for the Philippines... Published 01 Oct, 2023 02:59am
Life & Style Dr Huma Baqai’s book on foreign affairs launched KARACHI: Advisor to National Command Authority General Khalid Ahmed Kidwai (retd) has said that Saudi Arabia's... Published 16 Sep, 2023 03:03am
Markets Dollar tentative, kiwi jumps as NZ inflation data tempers rate doves SINGAPORE: The dollar held just above an over one-year low on Wednesday as traders assessed the US rate outlook,... Published 19 Jul, 2023 11:13am
Business & Finance ‘Investors’ confidence increases after IMF deal’ LAHORE: After the endorsement of the IMF programme, the confidence of local and foreign investors will increase to... Published 19 Jul, 2023 03:21am
Markets Open-market: US dollar strengthens as demand surges The Pakistani rupee weakened nearly 1.6% against the US dollar in the open-market on Thursday, while dealers said... Updated 08 Jun, 2023 09:32pm
Markets Dollar sags as Fed bets ebb, debt bill passes; Aussie soars TOKYO: The US dollar wallowed near a one-week low versus major peers on Friday, on course for its worst week since... Published 02 Jun, 2023 09:35am
Print Debit, credit cards: ECAP suggests 10pc tax on shopping abroad KARACHI: Exchange Companies of Pakistan (ECAP) Chairman Malik Muhammad Bostan Thursday suggested early imposition of... Updated 02 Jun, 2023 12:07pm
Opinion Things look grim, but all is not lost Large-Scale Manufacturing (LSM) and export-oriented industry are stressed as never before. They present a depressing... Updated 29 Apr, 2023 07:35am
Print Auction for CDA plots: Investors making payments in USD to get incentives: Dar ISLAMABAD: Finance Minister Ishaq Dar has directed that for the auction of the Capital Development Authority (CDA)... Updated 27 Apr, 2023 11:32am
Markets Gold at one-week peak as dollar slides NEW YORK: Gold prices gained 1% on Wednesday as strong Chinese economic data dented the dollar and drove some bets... Published 02 Mar, 2023 06:23am
Travel ban will come into effect from 13th: KSA revises visa policies for travellers from Pakistan, India, 12 other states
Travel ban will come into effect from 13th: KSA revises visa policies for travellers from Pakistan, India, 12 other states