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2nd May, 2013
Pakistan’s forex reserves fall to $11.764 bn
Remittances rose 6.35 per cent to $10.35 billion in the first nine months of the 2012/13 fiscal year, from $9.73 billion in the same period last year.
Remittances rose 6.35 per cent to $10.35 billion in the first nine months of the 2012/13 fiscal year, from $9.73 billion in the same period last year.
9th April, 2013
Stocks close higher, rupee firm
Engro Corporation Ltd rose 4.15 per cent to 141.95 rupees while Wateen Telecom Ltd was up 2.53 per cent to 4.46 rupees.
Engro Corporation Ltd rose 4.15 per cent to 141.95 rupees while Wateen Telecom Ltd was up 2.53 per cent to 4.46 rupees.
29th March, 2013
Pakistan’s forex reserves fall to $12.370 billion
Remittances from Pakistanis abroad rose 7.47 per cent to $9.23 billion in the first eight months of the 2012/13 fiscal year.
Remittances from Pakistanis abroad rose 7.47 per cent to $9.23 billion in the first eight months of the 2012/13 fiscal year.
23rd December, 2012
Falling rupee’s impact on industrial sector
The depreciation of the rupee is forecast to impact the profitability and performance of IPPs, telecoms, cements, chemicals, OMCs, fertiliser, autos and textiles.
The depreciation of the rupee is forecast to impact the profitability and performance of IPPs, telecoms, cements, chemicals, OMCs, fertiliser, autos and textiles.
8th September, 2012
Dollar falls on US jobs; Spain yields slip on ECB
The US dollar sank and gold prices jumped to a six-month high as anemic US jobs growth fueled investor bets on another round of stimulus.
The US dollar sank and gold prices jumped to a six-month high as anemic US jobs growth fueled investor bets on another round of stimulus.
7th September, 2012
Euro rallies vs dollar on ECB bond-buying plan
The euro hit a two-month peak against the dollar after the ECB unveiled a new and potentially unlimited bond-buying program.
The euro hit a two-month peak against the dollar after the ECB unveiled a new and potentially unlimited bond-buying program.
30th August, 2012
Euro slips versus dollar ahead of Bernanke speech
The euro slipped for a second day against the dollar as investors pared back expectations of near-term monetary easing.
The euro slipped for a second day against the dollar as investors pared back expectations of near-term monetary easing.
29th August, 2012
Euro up on ECB hopes; hurricane scare lifts oil
Stocks were little changed on Wall Street as mixed data gave investors little indication whether more stimulus measures would be taken by the Fed.
Stocks were little changed on Wall Street as mixed data gave investors little indication whether more stimulus measures would be taken by the Fed.
16th August, 2012
Pakistan’s forex reserves fall 1.57 per cent
Foreign exchange reserves dropped to $15.298 billion in the week ending August 10, from $15.542 billion in the previous week, said the SBP.
Foreign exchange reserves dropped to $15.298 billion in the week ending August 10, from $15.542 billion in the previous week, said the SBP.
14th August, 2012
Dollar gains on US economic data, yen slumps broadly
The dollar jumped against the Japanese yen on Tuesday as investors pared back expectations of further monetary easing by the Federal Reserve.
The dollar jumped against the Japanese yen on Tuesday as investors pared back expectations of further monetary easing by the Federal Reserve.
13th August, 2012
Euro up as investors cover bearish bets
The euro rose against the dollar for the first time in four days as investors pared bearish bets, but investors remain wary.
The euro rose against the dollar for the first time in four days as investors pared bearish bets, but investors remain wary.
11th August, 2012
Euro slips versus dollar as ECB optimism fades
The euro headed for its first weekly drop on uncertainty about European Central Bank action to contain the debt crisis and deteriorating growth in the euro zone.
The euro headed for its first weekly drop on uncertainty about European Central Bank action to contain the debt crisis and deteriorating growth in the euro zone.
6th August, 2012
Euro rises vs dollar in choppy trading
The euro rose against the dollar for a second straight session on Monday in thin trading, boosted by optimism about a European Central Bank intervention.
The euro rose against the dollar for a second straight session on Monday in thin trading, boosted by optimism about a European Central Bank intervention.
25th July, 2012
$1.12bn payment expected from US this week
Declining reserves are getting a temporary relief with an expected transfer of $1.12 billion as part payment for services provided to coalition forces.
Declining reserves are getting a temporary relief with an expected transfer of $1.12 billion as part payment for services provided to coalition forces.
24th July, 2012
Euro steadies after China PMI data, Aussie rises
The euro steadied against the yen and the dollar, as investors' risk appetite perked up after improvement in China's manufacturing output.
The euro steadied against the yen and the dollar, as investors' risk appetite perked up after improvement in China's manufacturing output.
19th July, 2012
Euro steadies as yen gains on renewed Europe concerns
Comments by German Chancellor Angela Merkel rekindled fears about the euro zone debt crisis, to the benefit of the safe-haven yen.
Comments by German Chancellor Angela Merkel rekindled fears about the euro zone debt crisis, to the benefit of the safe-haven yen.
18th July, 2012
Dollar rangebound in Asia
The dollar was rangebound against other major currencies as investors awaited the US central bank's “Beige Book” regional review.
The dollar was rangebound against other major currencies as investors awaited the US central bank's “Beige Book” regional review.
16th July, 2012
Euro falls vs dollar, focus turns to Bernanke
The euro eased against the dollar on Monday on concerns about euro zone debt and high peripheral bond yields.
The euro eased against the dollar on Monday on concerns about euro zone debt and high peripheral bond yields.
12th July, 2012
Dollar erases rise vs yen after BOJ policy tweak
The dollar enjoyed a short-lived rise against the yen on Thursday after the Bank of Japan made a technical change to its asset buying programme.
The dollar enjoyed a short-lived rise against the yen on Thursday after the Bank of Japan made a technical change to its asset buying programme.
11th July, 2012
Euro steady in Asia, yen gets boost
The euro was steady in Asian trade, while the yen strengthened against the dollar as the Bank of Japan started a two-day policy meeting.
The euro was steady in Asian trade, while the yen strengthened against the dollar as the Bank of Japan started a two-day policy meeting.
