Tag: Dollar

Dollar hits Rs 96

Rupee continues to slip in the market against dollar owing to crippling economy as dollar hits 96 rupees today in open market, according to...

India heading towards worst economic crisis: experts

The sharp drop in Indian rupee against dollar has triggered concern among the experts who say its continued fall could pose some major challenges...

Dollar hits Rs 94 in the Inter-bank Market

The reeling rupee has yet again hit a record all time low against US dollar in the inter-bank market. US dollar reached as high as...

US dollar reaches new height

The reeling rupee has yet again hit a record all time low against US dollar in the open market. US dollar reached as high as...

Rupee freefall hits fresh low

Pakistani rupee fell to a new low against the dollar on Tuesday as loan repayments this week and impending oil payments continued to put...

Japan and China to start direct currency trading

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...

RE$ERVE$ RI$E

Dollar inflows from what the central bank said multilateral donors and lenders helped the country’s foreign exchange reserves continuing its northward journey. The country’s...

Going, going, gone…

Pakistani rupee hit a record low as it was traded at 91.35 to the dollar in the open market on Monday. Pakistan Rupees rate was...

Dollar reserves slide to $16.336bn

The country’s foreign exchange reserves further shrank by $88 million or 0.5 per cent during the week that ended on March 2, the central...

Dollar reserves inch up to $16.870bn

The country’s foreign exchange reserves inched up by 0.4 per cent or $ 68 million during the week ended on January 27. The slight...

Why money is flowing into dollar

In late October, I started noticing a tug-of-war going on in the stock market. It shows up on the charts by forming a symmetrical...

Dollar reserves slide to $16.901b

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...

US won’t give a dollar to save Europe: Romney

Republican presidential candidate Mitt Romney told an Italian newspaper that Europe must solve the euro zone debt crisis without any help from the United...

Pressure on reserve position, external balance to persist in ’12

Economic experts believe the country’s reserve position and external balance will be key determining factors going into ’12 as fiscal and monetary policies failed...

Times Past; Times Future

"The fault is not in our stars" Times present are acute uncertainty. Pakistan is certainly in trouble, but the world is in even more trouble....

Dollar enters the nervous nineties

It’s good news for exporters, bad news for everyone else. Reaching record high levels, the Pakistani Rupee – US Dollar exchange rate has breached...

Rupee under pressure

Not much is pleasant on the economic front. The rupee touching 90 against the dollar on Monday reflects an out of control current account....