Forex News
-
The dollar is up, but this is going to be its worst week since February 2022 as headwinds continue.
On Friday morning in Asia, the dollar was up, but it was going to have its worst week since early…
Read More » -
USD to PKR Exchange Rate in Pakistan May 20,2022.
Karachi: The closing exchange rate between the US dollar (USD) and the Pakistani rupee (PKR) at 8:30 a.m. PST on…
Read More » -
Rising Dollar and Better Risk Attitudes Help Euro and Pound Sterling
Asia saw dollar appreciation on Wednesday morning. Along with strong U.S. retail sales data and hopes that China may lift…
Read More » -
The dollar falls as risk appetite recovers.
In early European trading on Tuesday, the U.S. dollar slipped lower, retreating from a 20-year high as global equity market…
Read More » -
Panetta: The ECB may start digital euro development by 2023.
Frankfurt – A member of the ECB board, Fabio Panetta, said on Monday that work on the digital euro, an…
Read More » -
European stocks go down, and worries about global growth weigh on the market.
Monday was a cautious start to the week for European stock markets, as investors worried about the outlook for global…
Read More » -
The dollar begins the week at a high; dismal Chinese data affects the Australian dollar
Hong Kong (Reuters) – On Monday, the dollar was close to a 20-year high against its rivals. Investors were looking…
Read More » -
The dollar declines, but investors’ flight to safety mitigates losses.
On Monday morning in Asia, the dollar fell, beginning the week around a 20-year high. However, investors are moving to…
Read More » -
Overseas Pakistanis send $3 billion; the greatest monthly total in history.
KARACHI: The State Bank of Pakistan (SBP) said on Friday that employees’ remittance inflows surpassed $3 billion in April 2022,…
Read More » -
Forex reserves hit a 28-month low.
KARACHI: The foreign exchange reserves dropped by $178 million to $16.37 billion, which is the lowest amount in 28 months.…
Read More »