Pakistan’s credit default swap shoots up to 92.53% amid political unrest
Five-year sovereign debt rises to highest-ever level. Pakistan's credit default swap shoots up to 92.53% amid political unrest. The cost ...
Tag: Dollar
SBP names banks responsible for increase in US dollar rate
There are reports that names of more banks involved in this scandal could surface in the coming days. SBP names ...
Rupee continues downward spiral for third straight session
The local currency eased by Re0.22 or 0.10% versus the dollar to close at 221.91 compared to Monday’s close of ...
Asian shares fall ahead of U.S. CPI, crypto worries mount
The U.S. dollar on Thursday held onto its most of its gains overnight against a basket of currencies. Asian shares ...
Oil climbs as dollar slips, but demand fears keep a lid on gains
China stuck to its strict Covid-19 curbs as cases rose on Thursday to their highest since August. Oil climbs as ...
Rupee continues to sink against dollar, loses 1.16
It closed at 219.71 a day earlier against the US dollar. Rupee continues to sink against dollar, loses 1.16. The ...
Gold heads for narrow weekly gain as inflation risks boost-haven appeal
Gold price gains and settles at Rs147,350. Gold heads for narrow weekly gain as inflation risks boost-haven appeal. Gold prices ...
Asian stocks stall, dollar wallops pound & yen
China's CSI300 index (.CSI300) was down 0.96%. Asian stocks stall, dollar wallops pound & yen. Asian stocks wallowed at two-year ...
Rupee’s clawback against dollar persists, appreciates by Rs1.17
Expert says rupee's winning streak in line with market's confidence in Ishaq Dar. Rupee's clawback against dollar persists, appreciates by ...
No respite for dollar as downward spiral against rupee continues
Dollar depreciates for eleventh consecutive day. No respite for dollar as downward spiral against rupee continues. The ongoing wave of ...
