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Forex Reserves Under Pressure
The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has raised concerns over the 15.13 percent increase in Pakistan’s
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Pakistan and world business news from seven outlets, one story per event. Updated just now.
94 stories tagged Rupee & forex · Clear
Euro Suddenly Near Rs. 300
The Pakistani rupee (PKR) closed in green against the US Dollar (USD) for the 254th consecutive day on Monday. Meanwhile,
ProPakistani
Indian rupee ends flat, anchored by RBI intervention in face of global strains
MUMBAI: T he Indian rupee ended little changed on Monday, wedged between pressures from a broadly firmer dollar, higher oil prices and likely intervention by the Reserve Bank of India, which kept…
Business Recorder- Rupee & forexUpdated
Rupee records gain against US dollar
The Pakistani rupee extended its marginal gains against the US dollar in the inter-bank market on Monday. The local unit closed the day at 277.06, a gain of Re0.01 against the greenback.
Business Recorder Thai baht/US dollar weaker on Monday
BANGKOK: The Thai baht weakened against the US dollar on Monday . At 0208 GMT, the baht was 0.22% lower at 33.57 versus the dollar, after trading in a range of 33.550 to 33.610.
Business RecorderIndian central bank likely intervenes to support rupee, traders say
MUMBAI: The Reserve Bank of India likely intervened in the foreign exchange market on Monday to support the rupee, four traders told Reuters , helping the currency withstand pressure coming from a…
Business RecorderIndian rupee set for mild relief from dip in oil, fading Fed October hike bets
MUMBAI: The Indian rupee is expected to see some respite on Monday , with softer oil prices and further paring of bets on an October Federal Reserve rate hike easing pressure on the currency.
Business RecorderRupee Devaluation Cannot Fix Economy: FBR Chairman
Federal Board of Revenue (FBR) Chairman has used a story about yogurt and a milk pot to explain why simply
ProPakistaniRupee records gain against US dollar
The Pakistani rupee extended its marginal gains against the US dollar, appreciating 0.01% in the inter-bank market on Friday.
Business RecorderCopper crawls higher on softer dollar, but investors wary about demand
LONDON: Copper prices edged higher on Friday, supported by a weaker dollar and supply issues, but gains were modest due to worries about high oil prices hitting demand.
Business RecorderCopper up on supply woes but dollar drives worst week since April
SINGAPORE: Copper recovered from some of the previous days’ losses on Friday , supported by supply concerns, but earlier declines still set it up to notch its worst weekly fall since April.
Business RecorderAsian shares fall after wild swings in bonds, FX before US jobs data
SYDNEY: Asian shares fell on Friday as investors grappled with wild swings in bond and currency markets ahead of key US jobs data, while a widening military buildup in the Gulf kept oil prices…
Business RecorderDollar at 17-month high as global bond rout hits euro
SINGAPORE: The US dollar headed for its third straight week of gains on Friday , perched at a 17-month high as a bond market rout pushed borrowing costs across the globe to multi-decade peaks in…
Business Recorder
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