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Tag: CURRENCY

The end of King Dollar?

Rivalry with China, fallout from Russia's war in Ukraine and wrangling once again in Washington over the US debt ceiling have put the US...

Lebanese protest record-low value of local currency

Protesters burned tyres and held up handfuls of local currency bills on Wednesday at the entrance of the Lebanese central bank in Beirut, furious...

Pound Sterling: A history of UK currency crises and crashes

Britain's pound plunged to an all-time low early on Monday as international investors reacted to plans laid out by the country's new prime minister...

British pound falls to 37-year low

British pound marked the 30th anniversary of "Black Wednesday" by falling to a fresh 37-year low against the US dollar on Friday, and a...

Indian companies swapping US dollar for Asian currencies to buy Russian coal

Indian companies are using Asian currencies more often to pay for Russian coal imports, according to customs documents and industry sources, avoiding the US...

Weekly currency report: PKR gained 6.40% against the USD

The local currency in the last week gained by Rs 15.3 in the interbank market against the US dollar, ARY News reported.  According to the...

Rupee falls to record low against US dollar

KARACHI: The devaluation of the Pakistani rupee in the interbank continued on Monday after it fell to a record low in the interbank against...

Russian rouble beats euro, becomes world’s best performing currency

The Russian rouble firmed past 64 per dollar on Monday, briefly jumping to 62.71 to the greenback, and climbed towards its highest in nearly...

Another country adopts bitcoin as legal currency

The Central African Republic "is the first country in Africa to adopt bitcoin as legal tender."

Saudi Arabia issues SR200 banknote to mark 5th anniversary of Vision 2030

The details regarding the SR200 banknote were shared by the Central Bank of Saudi Arabia in its Twitter post.

Saudi Arabia announces to introduce new polymer currency

The new polymer currency in the five riyal denomination will be in circulation from Monday.

Indian police recover Rs200,000 from house of trash pickers

Police also found gold ornaments and seven pounds from the house.

Foreign reserves decline as SBP pays debt payments

Pakistan’s foreign reserves currently stands at United States Dollar (USD) 17,387.5 million by March 27, shows the SBP data.

Pakistan’s foreign reserves reach US$18.86 bn     

The State Bank of Pakistan (SBP) witnessed an increase in foreign reserves by US$166 million, bringing the total to US$12.75 billion.

PIA flight attendants return currency, documents to passenger

The passenger, Ziauddin, who was travelling through a flight PK-852 to Beijing, lost his hand-carry bag possessing foreign currency and important documents inside the plane.

New clashes in Chile as peso drops to historic low

Some 80,000 people took to the streets of Santiago as 100 organizations called a general strike.

Who’s betting against the pound? FX markets enter UK political fray

Britain's opposition parties are hitting out at currency speculators betting against the pound while also bankrolling the leadership campaign of pro-Brexit Prime Minister Boris Johnson

Pound jumps on Brexit hopes as global stocks firm

The British pound hit a seven-week high against the dollar Friday amid easing fears of a no-deal Brexit.

Pakistan Stock Exchange sheds almost 800 points in intraday trading

KARACHI: The Pakistan Stock Exchange (PSX) showed downward trend on Wednesday, with its benchmark KSE-100 Index lost almost 800 points in intraday trading, marking...

UAE and India sign 35 billion rupees currency swap agreement

ABU DHABI: India and the United Arab Emirates on Tuesday signed a currency swap agreement to boost investment and enable direct trade without using...
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