Tag: Currency

Two men were caught making fake currency note and visas on Saturday, City42 reported. According to the channel, the police carried out a raid...

With American and European sanctions spurring a currency crisis in Iran, officials say a growing number of Iranians are packing trucks with devalued rials...

China's currency is facing strong downward pressure this year as the country's once surging growth rates slow amid a stalling global economy and signs...

A pledge by European Central Bank president Mario Draghi to "do whatever it takes to preserve the euro" supported the single currency as well...

China's yuan is increasingly being used to settle trade transactions in Asia, gradually cementing its way to becoming a regional 'anchor' currency, the Asian...

The State Bank of Pakistan (SBP) has allowed microfinance providers (MFPs) to mobilise funding from non-bank sources and the capital market under the Microfinance...

The euro weakened in Asian trade on Wednesday as worries about the eurozone continued to weigh while traders looked to a US Federal Reserve...

Asian markets surged Monday and the euro rose after pro-austerity parties came out on top in Greek elections, easing but not ending concerns over...

Japan and China will start direct currency trading this week, Tokyo said Tuesday, the first time Beijing has let a major unit other than the...

The Federal Finance Ministry has said that over Rs 1.167 trillion worth of currency notes were printed during the four years of the present...

Ten years ago Saturday, the European Union celebrated the launch of the first euro coins and notes with fireworks, parties and solemn speeches. Today,...

The politically-embattled government has started feeling the heat as the country’s dollar reserves continue their southward journey. Prime Minister Yousuf Raza Gillani is reported...

A court in Rawalpindi has restored former under-arrest minister Hamid Saeed Kazmi’s foreign currency bank account. Kazmi’s counsel Ahmed Khan Gondal told this to...

Pakistani rupee continues to remain in negative balance against dollar on the back of a strong demand for greenback on the inter-bank market. As...

The Pak rupee is likely to depreciate to a record low of 90 rupees against US dollar by the end of this financial year,...

Country’s liquid foreign exchange reserves contracted to $16.961 billion during the week that ended on the 18th of this month, the State Bank reported....

The more things change, the more they stay the same, at least in the EMU horror story as governments tumble, contagion and bank-run fears...