Tag: Currency
FIA confiscates Rs 40m, arrests three in crackdown on dollar hoarders
The Federal Investigation Agency (FIA) on Sunday arrested three money changers in Lahore in the ongoing crackdown against dollar hoarding and recovered hundreds of...
Afghan national arrested for carrying $30,000 gets bail
PESHAWAR: Zar Khan, an Afghan national imprisoned in Peshawar Central Jail, got released on bail when his son, for whose treatment he had sold...
Japan’s new all-girl ‘idol’ band sings the bitcoin beats
TOKYO: Japan has a new all-girl "idol" band -- the Virtual Currency Girls -- on a mission to educate the public about bitcoin and...
World shouldn’t be dominated by one currency: Russia
BEIJING: Russia and China were considering linking their national payment system, Russian Prime Minister Dmitry Medvedev said on Wednesday, as he called for a more...
China, US commit to refrain from competitive currency devaluations
China and the United States on Sunday committed anew to refrain from competitive currency devaluations, and China said it would continue an orderly transition...
Canadian currency to feature a woman: Trudeau
COURTESY MIC
After photos of Justin Trudeau cuddling pandas circulated on Monday, it seemed the Canadian prime minister had easily and definitively solidified his status as dreamiest...
Yuan hits 4-1/2-year low as China aims to loosen peg to...
China's yuan closed at its weakest level since July 2011 on Monday, after the central bank said it had begun publishing a yuan exchange...
Greenback moves up in open market to close at Rs 106.80
Interbank and kerb market rates vary by Rs 1.40, with rates lower in interbank currency exchange, triggering fears this may be a prelude to...
Pak rupee depreciates further
Dollars gains 40-60 paisa vs rupee in a single day
The greenback gained 40 to 50 paisas in a day, trading in the open currency...
All eyes on ECB after Greek ‘No’ vote
All eyes were on the European Central Bank (ECB) on Monday following the resounding 'No' in the Greek referendum, with the ECB seen as the only institution capable of calming market panic and preventing the Greek economy from collapsing.
Local, international odds keep equity, currency markets in red zone
The stock market whereas continued to witness bears dominating the benchmark index on Monday the money market too kept making history by seeing the...
Rs 48b in fresh currency notes issued by SBP to cope...
In light of the forthcoming three day annual Eid festival the State Bank of Pakistan (SBP) has so far issued fresh currency notes worth...
G20 steps back from currency brink, heat off Japan
The Group of 20 nations declared on Saturday there would be no currency war and deferred plans to set new debt-cutting targets, underlining broad...
G20 defuses talk of “currency war”, no accord on debt
The Group of 20 nations declared on Saturday there would be no 'currency war' and deferred plans to set new debt-cutting targets in an...
Politics puts Italy, Spain back in market focus
Former Prime Minister Silvio Berlusconi’s weekend threat to bring down his successor Mario Monti’s government, and regional elections in Sicily in which a protest...
Iran arrests illegal money changers after currency slide
Iranian police cracked down on illegal money changers in Tehran on Wednesday, witnesses said, in an apparent bid to halt a dramatic plunge in...
Police arrest two men with fake currency in Lahore
The police arrested two men and recovered fake currency notes from their possession.
According to Shafiqabad police, they recovered currency worth Rs4 million from the...
