Dollar

Rupee weakens against dollar, just shy of record low

Rupee weakens against dollar, just shy of record low

KARACHI: The Pakistani currency weakened to Rs133.84 to the US dollar, close to the historic low hit in mid-October, in the inter-bank market on Friday after Islamabad started talks with the International Monetary Fund (IMF) for a bailout package.The rupee lost Rs0.82, or 0.61%, from Thursday’s close of Rs133.02, the State Bank of Pakistan (SBP) reported.During […]

Dollar up by 15 paisa in interbank market

Dollar up by 15 paisa in interbank market

KARACHI – Dollar rate in interbank market on Tuesday has increased by 15 paisa after which its value reached Rs134.Dollar is fluctuating between Rs132 and Rs134 in open market.According to experts, this increase in the U.S. dollar value is alarming for the economic stability, therefore, the issue should be addressed on immediate basis.Since the oath […]

Dollar remains at same high of Rs 134

Dollar remains at same high of Rs 134

KARACHI  – The value of US dollar on Wednesday remains at the same high price of Rs134 while rupee has dropped 36 paisa against the greenback.On Tuesday, the domestic currency had registered a jolt after importers  demand has hit the market and exporters swayed from the session. The rupee had hit the all-time high mark […]

Rupee touches record low against dollar in inter-bank trade

Rupee touches record low against dollar in inter-bank trade

The rupee was in free fall in the inter-bank market on Tuesday morning as it shed more than Rs11 against the US dollar over fears that the International Monetary Fund (IMF) conditions for a loan will further devalue the Pakistani currency. The rupee went past Rs138 to a dollar during the day’s trading session. Traders said fears […]

Inside Wrestling Star Chyna’s Tragic Final Months: ‘I Went From a Billion Dollar Commodity to on the Street’

Inside Wrestling Star Chyna’s Tragic Final Months: ‘I Went From a Billion Dollar Commodity to on the Street’

  Web Desk A “beautiful comeback story” gone so tragically awry. In the first trailer for the emotional documentary covering Joanie “Chyna” Laurer’s final months, the groundbreaking WWE star gets candid about fame and the personal demons that led to her shocking 2016 death. Laurer – who died a year ago on Thursday from a […]

ASIAN STOCKS STRUGGLE, DOLLAR SHINES AS GEOPOLITICAL RISKS GROW

ASIAN STOCKS STRUGGLE, DOLLAR SHINES AS GEOPOLITICAL RISKS GROW

HONG KONG – Asian stocks slipped on Monday as increased geopolitical risks prompted investors to favour safe-haven bets such as government debt while the greenback was supported by Federal Reserve policy tightening expectations. The rise in risks of a conflict contrasts with market watchers’ outlook for the global economy, which is perhaps the most optimistic […]

Dollar subdued after US wage growth disappoints

Dollar subdued after US wage growth disappoints

TOKYO (Reuters) – The dollar started the week on the back foot on Monday, after U.S. data showed a smaller-than-expected rise in wages in January that reinforced expectations the Federal Reserve will refrain from raising interest rates next month. The dollar index, which tracks the greenback against a basket of six major rivals, drooped 0.1 […]