dollar

Our Special Correspondent LAHORE - As the US dollar kept fluctuating and hit record high of Rs158 against rupee, registering a 6 percent appreciation in the last 12 days, the Friends of Economic and Business Reforms (FEBR)…

KARACHI: Interest rate hike diverted investment from US dollar to domestic bonds and deposits in banks which reduced pressure on dollar demand, said financial market sources. The exchange rate remained relatively calm during the week…

Our Special Reporter  LAHORE: Pakistan needs to take both immediate and long-term steps to stop the free fall of Rupee as the weak currency is undercutting economic prospects, a Pakistani-American business leader says. Mossadaq…

Current currency depreciation, hike in bank interest rates, appreciation in the price of fuels and enhanced energy cost have made it difficult for the industrialists to continue their productions: Kashif Anwar Continue upward tendency in…

Muhammad Hassan Farid In practice many developing countries prefer fixed exchange rate system over floating exchange rate because they want to avoid the volatility in exchange rates. However, relatively fixed exchange rate…

Most Asian equities climbed on Monday as traders held out hopes about developments in the trade war and ahead of a meeting of central bankers later in the week that may throw up clues on the outlook for markets.While Japan’s shares fell,…

By S N Syed KARACHI: Pak Rupee has further devalued in the interbank trading at Rs122.30 a dollar while as high as Rs123.6 in the open market. According to sources, the rupee was traded between Rs122.05 to 122.30 a dollar. According to…

LONDON - Stocks, oil prices and the dollar were on the rise on Monday after the U.S.-China trade war was declared “on hold” while in Europe, Italy’s borrowing costs climbed and the Milan bourse fell as two anti-establishment parties got…

Dollar strength, yen and euro weakness still weighing on the gold price. Dollar/yen ratio suggests a short-term bottom for gold is near, however. Don't expect gold bottom until dollar index breaks its 15-day trend line.