RDA records inflows of $141mn in February 2024
Total inflows into RDA reach $7.498 billion
Ramzan remittances soar to $2.5b
High influx of financial assistance from overseas relatives can be attributed to increased expenditure during Ramzan and Eid
Rupee skids to all-time low against US dollar
The rupee has depreciated by 8 per cent this year
Foreign exchange reserves jump $359m to $12.3bn
The foreign exchange reserves held by the central bank increased 3 per cent on a weekly basis, according to data released by...
Rupee down by another Rs4.6 against dollar in interbank market, hits Rs147
Ibrahim Moosa for Mettis Global told Profit, "The Pakistani rupee is expected to depreciate against the US dollar further and the market expectation is at around Rs147-148."
Dollar retains gains, Aussie finds footing after slide
The dollar index against a basket of six major currencies was little changed at 96.608 after edging up about 0.15 percent overnight when long-term Treasury yields surged to a one-week high on news of progress in U.S.-China trade talks
Asian shares mixed following advance on Wall Street
The Nikkei 225 index rose 0.6 percent to 21,431.49 despite news that Japan’s exports sank 8.4 percent in January from a year earlier, far more than forecast
Asian shares gain on hopes for progress on China-US trade
The Shanghai Composite index added 0.3 percent to 2,762.73 in early trading, while Japan’s Nikkei 225-edged 0.1 percent higher to 21,297.67
Dollar higher as euro sags; Aussie firms on China data
The dollar index, a gauge of its value versus six major peers, was marginally higher at 97.20, having gained 0.5 percent in the previous session
Asian shares retreat as China, US begin trade negotiations
Hong Kong’s Hang Seng gave up 0.7 percent to 28,305.33. and Australia’s S&P/ASX 200 shed 0.1 percent to 6,060.50, Kospi in South Korea lost 0.5 percent to 2,191.42
Trade friction, growth worries keep dollar near 2019 highs
The dollar index was steady at 97.04, after advancing 0.45 percent in the previous session, its largest percentage gain since Jan. 24
Asia shares lower, most markets closed for Lunar New Year
Japan’s Nikkei 225 was flat at 20,880.53 and India’s Sensex edged down less than 0.1 percent to 36,566.21
Dollar steady, Aussie reverses losses after RBA holds rates
The dollar index, which measures the greenback against a basket of six key rivals, was barely changed at 95.846 after gaining for three straight sessions
Asian stocks mixed as China-US talks end with no deal
Hong Kong’s Hang Seng index lost 0.2 percent to 27,885.90 while the Shanghai Composite index jumped 0.8 percent to 2,604.57
Pound tries to find footing amid Brexit uncertainty, dollar awaits Fed
Sterling staggered up 0.2 percent to $1.3091 after suffering a loss of 0.7 percent overnight as lawmakers rejected a proposal to give parliament a path to prevent a potentially chaotic hard exit