Forex News
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Dollar Rises; Euro’s Power Woes Are a Concern
After more Fed comments that were more hawkish, the U.S. dollar edged up in European early trade Wednesday. However, the…
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The option of rescheduling external loans was rejected.
ISLAMABAD: The Ministry of Finance and the Ministry of Economic Affairs have rejected the option of rescheduling Pakistan’s external debt…
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In this financial year, more than required foreign exchange has been arranged.
KARACHI: With the support of friendly countries, the financing of foreign exchange in excess of the current financial year has…
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US Dollar Price in Pakistan, 22 Aug 2022
Pakistan Interbank’s USD/PKR buying rate is 214.65 and the selling rate is 215.25 USD/PKR Supply and demand affect exchange…
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Asian Currencies: The Chinese Yuan Drops Nearly 2 Years
the People’s Bank of China slashed lending rates for the second time in as many weeks, sending the Chinese yuan…
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Depreciation of dollar, pound, euro, rial in interbank market
KARACHI: The value of dollar, pound, euro and riyal decreased in the interbank market last week, while the value of…
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Currency Rates in Pakistan Open Market Dollar Rate
The currency rates in Pakistan Open Market Dollar Rate are a daily reference of the trading rates for the US…
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In the open market, the dollar appreciated by Rs 4
KARACHI: The value of the dollar has increased by 99 paise to 214.88 rupees in the interbank market and to…
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Schnabel says the inflation forecast hasn’t improved as the ECB considers a rise.
Reuters-Frankfurt Isabel Schnabel, a member of the ECB board, said that the inflation forecast for the euro zone hasn’t changed…
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Fed minutes are coming up, and NZ and AU dollar have a busy day.
Hong Kong (Reuters) – The Australian and New Zealand dollars moved around a lot in Asia on Wednesday, but they…
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