LOS ANGELES: The right to be described as the best pound-for-pound fighter in the world is on the line on Saturday when Andre Ward and Sergey Kovalev meet in Las Vegas in a battle of the unbeatens...
The bout is being promoted under the banner “Pound for Pound,” a 12-round scrap billed as a showdown to determine who deserves to be regarded as the best fighter on the planet...
KARACHI: The pound has taken a nosedive and lost 20 per cent against the rupee since Britain’s decision at the end of June to leave the European Union (EU)...
Currency dealers said the pound is now highly unreliable...
The euro, pound and yen all held their gains against the dollar on Thursday and equities rose as traders grow increasingly hopeful the Federal Reserve will slow its pace of interest rate hikes...
After a painful year for markets hit by central bank rate hikes to fight soaring inflation, investors have taken heart from several weak US indicators — the latest on the services and real estate sectors — suggesting the economy is slowing......
The rupee mostly held its ground against the dollar in the local currency market last week, as the effects of foreign inflows and the dollar’s rise against global currencies largely cancelled each other out...
On the interbank market, the rupee started the week by dropping 12 paisas for buying and 10 paisas for selling owing to a rise in demand for the forex currency by importers...
DIVERGENT trend was witnessed in the local currency market last week as politics overshadowed the trading activities where the dollar displayed strength against the rupee amid mounting month-end dollar demand owing to buying pressure for import and corporate payments...
Commencing the week on a negative note, the rupee traded in minus against the dollar in the first four trading sessions in the interbank market, owing to persistent...
THE rupee has been showing a stable trend against the dollar over the past few months after some hefty rises and falls in early 2016...
Besides, higher inflows under home remittances ahead of Eid-ul-Fitr, strict SBP monitoring to stabilise domestic currency also provided support to the rupee...
IN the local currency market, the rupee/dollar parity last week displayed almost a stable trend amid minor variations...
Last week on the interbank market, the rupee/dollar parity traded almost stable amid minor variations in dull trading...
The rupee remained under pressure from both the dollar and the euro in the local currency market last week...
On the interbank market, the rupee started the week by losing 20 paisas for buying and 21 paisas for selling, sending the greenback up at Rs101...
During the week, the rupee traded firm against the dollar but fluctuated against the euro...
Trading activity mostly remained sluggish throughout November with the rupee-dollar parity moving both ways in narrow ranges in the interbank market...
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...
THE rupee showed a weakening trend in the local currency market last week, but traded in a narrow range...
However, the State Bank of Pakistan continued to provide dollars to cater to import payments, restricting the rupee from falling sharply against the dollar...
THE rupee appeared to be in search of direction last week against the dollar amid political uncertainty in the local currency market...
Though State Bank of Pakistan’s (SBP) strict monitoring helped the rupee stabilise to some extent, the parity continued to show sharp variations...
THE rupee remained under pressure despite soft dollar demand in the local currency market amid sluggish activity last week...
The dollar is currently trading at a 22-month high against the local currencyThe dollar is currently trading at a 22-month high against the rupee...
As a result, the rupee showed sharp resistance against the dollar...
Despite the greenback repeated attempts, the rupee did not allow the dollar to breach Rs105 barrier...
THE rupee traded in a narrow band against the dollar in both the interbank and open markets last week...
On the interbank market, the rupee started the week by losing two paisas, sending the dollar marginally up at Rs101...