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#Dollar

Australia’s Central Bank Maintains Rates, Softens Stance on Tightening

DTD- Mar 19, 2024

The Australian dollar eased 0.3% to $0.6542; Three-year bond yields fell 5 basis points to 3.705% SYDNEY – Australia's central bank held interest rates steady on Tuesday and watered down its tightening bias, signalling greater…

Diplomatic

Yields, dollar rise after stronger-than-expected US PPI data supress rate cut hopes

DTD- Feb 17, 2024

US markets will be closed on Monday for the Presidents' Day holiday. NEW YORK: US Treasury yields rose and the dollar edged up against the yen on Friday after data showed US producer prices increased more than expected in January, adding…

Editor's Pick

Dollar Slides Against Rupee in Interbank Market

DTD- Feb 6, 2024

Local currency was trading at Rs279.20 in early morning trade ISLAMABAD: The value of dollar depreciated against the rupee by 20 paise in the interbank market on Tuesday, insiders said. The local currency was being traded at Rs279.20 in…

Dollar hovers near 6-week high on Fed view; yen edges up after BOJ

DTD- Jan 24, 2024

The Bank of England announces its policy decision on Feb. 1. TOKYO: The dollar hovered near a six-week high against major peers on Wednesday as investors cemented expectations that the Federal Reserve would be in no rush to cut interest…

Editor's Pick

Weekly wrap-up: Stock Market finally on the road to recovery

DTD- Dec 29, 2023

Rupee continues to appreciate KARACHI: Friday continued the positive Pakistan Stock Exchange (PSX) sentiment built on Thursday, and posted 353.99 points gain by 11 AM. The market was seen hovering around 62,406.22 points around noon,…

Editor's Pick

Market correction continues to cause Stock market instability

DTD- Dec 27, 2023

US dollar continues to slide against Pakistani rupee KARACHI: Pakistan Stock Exchange had a changeable outgoing week, with profit taking and correction marking the better part of trading activity through the five days. On Tuesday, after…

Editor's Pick

Rupee gains ground: Strengthens against US Dollar

DTD- Dec 22, 2023

While the SBP’s foreign exchange reserves fall by $136m to $6.9bn. In a positive turn of events, the Pakistani rupee showcased resilience as it continued its upward trajectory against the US dollar in the interbank market on Friday. Forex…

Rupee continues ascendance against US Dollar

DTD- Dec 19, 2023

American currency depreciates by 16 paisas in interbank market. The US Dollar continued to depreciate further against the Pakistani Rupee, as it decreased in value by 16 paisas in the interbank market on Tuesday morning. In the…

Pakistan

Pakistani rupee continues to strengthen against US Dollar

DTD- Dec 14, 2023

In the open market, the Dollar was quoted at Rs284.50 for selling and Rs281.50 for buying. On Thursday morning, the exchange rate of the US Dollar to Pakistani Rupee (USD to PKR) witnessed a notable decline, initiating the trading session…

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