Tag: Currency

The country’s liquid foreign exchange reserves, that have been showing a week long downward trend, shrank to $17.028 billion. Compared with last week’s $17.146...

Pakistan and Turkish central banks on Tuesday signed a bilateral Currency Swap Arrangement (CSA) at a ceremony held in Istanbul in the presence of...

President Asif Ali Zardari and Turkish President Abdullah Gul on Wednesday witnessed the signing of the currency swap agreement between the two countries. President Zardari...

Prime Minister Syed Yousaf Raza Gilani has approved the date of exchange of old design note of Rs.500 for further one year. On the request...

One didn’t have to wait too long for a small dose of rationality after last week’s landmark euro-summit sweet-talked a two per cent uptick...

Last week’s recommended longs for emerging and commodity currencies in intra-day, guerilla trading before risk faded proved right on the money, even if cable...

The United States has a right to be "standing up" against China to prevent Beijing from taking unfair advantage through its currency policy, US...

China said Tuesday it "firmly opposed" a US Senate bill aimed at punishing Beijing for its alleged currency manipulation, which is expected to make...

Last week’s short-lived euphoria over German and Finnish go-ahead on the ESFS position, and the euro trend it prompted, is typical of the one...

Those who are hoping for a more optimistic outlook of the global economic future should probably not read on. According to a report released...

Faced with a difficult situation of squeeze in foreign inflows from donors due to the poor economic performance and the rising infrastructure demand to...

Calls for reforming the global financial system appear easier than any attempt to do so. It has faced terrible consequences. In the wake of...

Post US debt rating downgrade, the Federal Reserve Committee decided to keep the federal fund rate at 0 to 0.25 per cent. It anticipates...

The United States lost its top-tier AAA credit rating from Standard & Poor’s on Friday, hours after investors alarmed by the euro zone debt...

Sudan's central bank said on Saturday it would begin circulating a new currency this month after South Sudan said it planned to create a...

President Asif Ali Zardari on Saturday proposed a currency swap agreement between Pakistan and Iran to further strengthen bilateral trade and economic ties between...

An appreciating US dollar in the international money market after Osama’s death is seems to play a role in the so far stable currency...