Forex News
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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…
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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…
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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,…
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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.…
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Russian rouble firms to early 2020 levels around 65 versus dollar
(Reuters) – The Russian rouble firmed on Thursday, reaching the 70 mark versus the euro and moving towards 65 against…
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As the dollar reaches a two-decade high, frightened investors plump for a safe haven.
London : – The dollar rose to two-decade highs on Thursday, as investors flocked to the safe-haven currency amid concerns…
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Ahead of US inflation statistics, the dollar clings to a 20-year high.
Reuters reports from London. On Wednesday, the dollar remained at a two-decade high as investors awaited new inflation data from…
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Businessmen urge the government to regulate the exchange rate.
Karachi’s business community has asked the government to control the exchange rate because growth in the economy and industry can’t…
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Russia makes a U-turn to avoid default: What happens next?
(Reuters) – NEW YORK (Reuters) – Russia may have dodged disaster when it declared that it had made several past-due…
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The Russian rouble hit a more than two-year high against the euro before stabilising at around 77 rubles per euro.
The Russian rouble hit a more than two-year high against the euro before stabilizing at around 77 rubles to the…
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