Rupee trades firm against euro
Besides dull demand for dollar in local market, stronger dollar in the overseas trade weakened the local currency...
With minor corrections, the parity traded almost range-bound...
Archive
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ArchiveRupee trades range-bound
The local currency market did not observe any development last week amid dull dollar demand and sluggish trading activity ahead of Eid-ul-Azha...
Owing to continued dull demand and easy supply of dollar on the interbank market, the rupee traded range-bound after commencing the week on a stable note...
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ArchiveDollar trades higher on kerb as sellers hold
KARACHI: Sellers disappeared from the currency market on Thursday and the dollar inched up by 10 to 20 paisa, heads of exchange companies told Dawn...
Some of them claimed this was a reaction to President Donald Trump’s recent statement on Pakistan...
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ArchiveDollar trades flat
The local currency market continued to witness dull activity due to insignificant demand for foreign exchange last week...
Both the interbank as well as open market remained dull as leading market participants kept themselves on the sidelines...
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ArchiveRupee trades firm against dollar
In the local currency market, no major development was witnessed last week amid sluggish trading activity...
According to analysts, commercial banks helped the rupee trade firmly versus the dollar and euro amid slight variations...
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ArchiveRupee report: Rupee trades flat against dollar
THE rupee/dollar parity continued to trade range-bound for the third consecutive week, moving both ways on the interbank market...
Commencing the week on a positive note, the rupee in the first trading session inched up by one paisa and two paisas on the buying and selling counters respectively...
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Archive‘Jackson’ of all trades
That is why it has remained popular with people from the lower-middle class,” says Nasir Bangash as he works on fixing a minor issue with a Japanese fridge that seems to be in mint condition otherwise...
Most of the appliances being sold at this market in Keamari are second-hand and reconditioned pieces taken out from ships...
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ArchiveEuro trades flat against rupee
Last week in the local currency market, the rupee/dollar parity continued to show a steady trend amid slight variations in the presence of low dollar demand in the week’s early sessions...
Tightened rules regarding foreign exchange management to check outflows and to stabilise the domestic currency appear to be working...
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ArchiveRupee report: Rupee trades in narrow band
THE rupee traded in a narrow band against the dollar in both the interbank and open markets last week...
However, the greenback again breached the Rs103-mark in the open market, despite continued dollar inflows following the central bank’s recent lifting of a ban on the direct import of hard foreign currency notes into the country...
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WorldTwitter trades stars for hearts, favorites for likes
WASHINGTON: Like it or not, Twitter on Tuesday retired its star button that users click to "favourite" a post and replaced it with a heart...
The messaging platform said the new system of "likes," which is also used by Facebook, offers a better way for users to express their views...
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ArchiveDollar trades higher at Rs106.50 in open market
KARACHI: Rising demand pushed the dollar to as high as Rs106...
50-70 in the open market on Monday creating space for the inter-bank rate to jump, like it happened in the past...
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ArchiveChina weighs tax on currency trades
BEIJING: China’s central bank has drafted plans to impose a tax on currency trades, Bloomberg News reported on Tuesday, in what would be its latest volley against those betting on a depreciation of the yuan...
Chinese authorities have spent unprecedented sums to support the currency and stem capital flight since a surprise devaluation rattled investors last summer...
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ArchiveRupee trades positive against euro
No major development was observed last week in the local currency market where dull trading activities dominated in the absence of importer interest...
Leading currency dealers also showed a lack of interest and remained in the sidelines...
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Pakistan200 youths from conflict-ridden areas get training in garments-related trades
KARACHI: “My father passed away one year ago and being the eldest child in the family, the responsibility of taking care of my mother and educating my younger brothers fell on me,” said Sonia Khalid, a 20-year-old girl, who has benefited from the Youth Employment Project (YEP) of the United Nations Development Programme (UNDP)...
She was speaking at the awards ceremony on Tuesday for some 200 young people like her trained under the...
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ArchiveRupee trades flat against dollar
The local currency market witnessed dull trading activity last week while the rupee/dollar parity showed a steady trend...
On the interbank market, the rupee traded firm against the dollar...
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