Pakistan’s remittance surge In December 2024, remittances to Pakistan reached $3.08 billion, reflecting an impressive 29.3 percent year-on-year... Published 14 Jan, 2025 08:36am
Business & Finance Dollar climbs on tariff concerns NEW YORK: The US dollar rose for a second straight session on Wednesday as US bond yields continued their recent... Published 09 Jan, 2025 07:34am
Business & Finance Indian rupee weakens to record low MUMBAI: The Indian rupee hit its all-time low on Wednesday, pressured by a pickup in the dollar as traders pondered ... Published 09 Jan, 2025 07:33am
Markets Marginal decrease KARACHI: Rupee decreased marginally against the US dollar during the previous week as it lost Re0.09 or 0.3% in the... Published 06 Jan, 2025 05:47am
Editorials De-dollarisation: myth or reality? EDITORIAL: It is interesting, and indeed very instructive, that 2024 ended with fresh debate about the... Updated 06 Jan, 2025 06:44am
Business & Finance China’s yuan slides past 7.3 floor on falling yields HONG KONG: China’s yuan slid past the key 7.3 threshold to a 14-month low against the dollar on Friday, as... Published 04 Jan, 2025 08:03am
Business & Finance Dollar edges lower NEW YORK: The dollar dipped on Friday but was on track for its strongest weekly performance since early November on... Updated 04 Jan, 2025 07:50am
Print 2024: outstanding year: KSE-100 Index jumps 85pc in PKR terms KARACHI: Pakistan Stock Exchange performed exceptionally well as the benchmark KSE-100 Index jumped 85 percent in ... Updated 31 Dec, 2024 03:21pm
Business & Finance Dollar gains broadly NEW YORK: The dollar rose broadly on Monday, holding near a two-year high, while the Japanese yen edged up from... Published 31 Dec, 2024 06:32am
Business & Finance Indian rupee slips to record closing low MUMBAI: The Indian rupee slipped to its weakest closing level on record on Monday, pressured by a decline in the... Published 31 Dec, 2024 06:32am
Markets Marginal decrease KARACHI: Rupee decreased marginally against the US dollar during the previous week as it lost Re0.05 or 0.2% in the... Published 30 Dec, 2024 05:47am
Business & Finance Yuan set to end week near 13-month low SHANGHAI: China’s yuan is set to end the week near a 13-month low against the dollar, as it trades in narrow ... Published 30 Dec, 2024 05:47am
Business & Finance Yen rises from 5-month low NEW YORK: The Japanese yen rose off a five-month low against the dollar on Friday after a summary of opinions from... Published 28 Dec, 2024 07:04am
Business & Finance Asian currencies: S Korean won at 16-year low BENGALURU: The South Korean won dropped to a fresh 16-year-low and the stock market tumbled on Friday amid ... Published 28 Dec, 2024 06:59am
BR Research Currency—Is competitive devaluation warranted? The PKR has been slightly appreciating for the past fifteen months, and it’s hovering around 277-288 levels against... Updated 27 Dec, 2024 10:51am
Opinion Imbalanced balance of payments There has been celebration about the surplus of USD 944 million from July to November 2024 in the current account... Updated 24 Dec, 2024 07:38am
Markets Marginal decline KARACHI: Rupee decreased marginally against the US dollar during the previous week as it lost Re0.30 or 0.11% in the... Published 23 Dec, 2024 06:03am
Business & Finance Indian rupee hits record low MUMBAI: The Indian rupee slipped to its all-time low on Friday before turning course to end modestly higher, aided ... Published 21 Dec, 2024 08:23am
Business & Finance Dollar retreats from two-year high NEW YORK: The US dollar retreated from a two-year high on Friday, but was heading for its third consecutive week of... Published 21 Dec, 2024 08:22am
Business & Finance Dollar strengthens after strong retail data NEW YORK: The US dollar strengthened against major currencies on Tuesday following better-than-expected retail sales... Published 18 Dec, 2024 06:37am
Business & Finance Indian rupee hits record low MUMBAI: The Indian rupee weakened to its lifetime low on Tuesday, hurt by concerns about a widening trade deficit ... Published 18 Dec, 2024 06:37am
Markets Marginal decline KARACHI: Rupee decreased marginally against the US dollar during the previous week as it lost Re0.11 or 0.04% in the... Published 16 Dec, 2024 06:08am
Editorials President Xi’s warning EDITORIAL: Chinese President Xi has warned the incoming Trump administration that there will be no winners in a ... Updated 14 Dec, 2024 08:25am
Business & Finance Dollar little changed after CPI NEW YORK: The dollar was little changed on Wednesday after US price data came in line with forecasts, reinforcing... Published 12 Dec, 2024 06:50am
Markets Largely stable KARACHI: Rupee remained largely stable against the US dollar in the inter-bank market during the previous week. The... Published 09 Dec, 2024 06:43am
World BRICS have no interest in weakening USD, Indian foreign minister says DOHA: BRICS countries have no interest in weakening the U.S. dollar at all, India’s foreign minister Subrahmanyam... Updated 07 Dec, 2024 07:47pm
Business & Finance US dollar mixed after jobs data NEW YORK: The US dollar was mixed on Friday after data showed the unemployment rate in the world’s largest economy... Published 07 Dec, 2024 08:13am
Opinion ‘The looming challenge to dollar dominance’ This is apropos two back-to-back letters to the Editor with the above headline carried by the newspaper on Tuesday... Published 05 Dec, 2024 07:39am
Opinion The looming challenge to dollar dominance Efforts to challenge the US dollar’s global dominance have historically been hindered by disparities among nations... Published 03 Dec, 2024 06:17am
World Trump warns BRICS nations against replacing US dollar WASHINGTON: President-elect Donald Trump on Monday threatened to impose a 100 percent tariff on the BRICS group... Published 02 Dec, 2024 06:04am