USD
- World
US announces another USD 3 billion military assistance package for Ukraine
Washington: The United States has announced another military assistance package of over USD 3.75 billion for Ukraine to fight the battle against Russian aggression taking the total US military assistance for Ukraine to…
- Middle East
Egypt’s currency further declines against USD
Cairo: The Egyptian pound further weakened against the US dollar whose exchange rate jumped from 24.7 to about 26.49 pounds, according to data from the central bank. This is the largest single-day…
- Pakistan
Pakistan’s total external debt stocks by 2021 stood at USD 130.43 billion: World Bank
Islamabad: The World Bank has estimated Pakistan’s total external debt stocks stood at USD 130.433 billion by end-2021 in comparison to USD 115.695 by the end-2020, Business Recorder, reported. In its latest…
- Pakistan
US pledges another USD 30 million in assistance for flood-hit Pakistan
Islamabad: The US on Thursday pledged an additional USD 30 million in assistance for Pakistan to help the people hit by the devastating floods that have affected 33 million people and killed…
- Business
RBI fighting a lost INR battle, say analysts
New Delhi: A stronger USD would imply higher global inflation exported by the US, lower global trade, cry for reverse FX wars, and pressure on equities and emerging markets assets, Emkay Global…
- World
Pakistani rupee continues losing ground against USD
Islamabad: Devaluation of the Pakistani rupee (PKR) against the US dollar continued as the greenback traded at 236.84 rupees in the interbank, according to the State Bank of Pakistan (SBP). The US…
- Pakistan
Saudi Arabia to invest USD 1 billion in Pakistan
Islamabad: Saudi Arabia will invest USD 1 billion in Pakistan to support the cash-strapped country’s ailing economy, the Gulf Kingdom’s Foreign Minister told his Pakistani counterpart during a telephonic conversation on Thursday.…
- World
US President announces USD 20 million additional assistance for SL
Colombo: US President Joe Biden on Tuesday announced an additional USD 20 million in assistance to feed over 800,000 children and 27,000 pregnant and lactating women over the next 15 months in…
- Business
Rupee rebounds from record low, spurts 10 paise to 77.68 vs USD
Mumbai: Recovering from its lifetime low, the rupee advanced 10 paise to settle at 77.68 against the US dollar on Wednesday after the RBI raised the interest rate by 50 basis points…
- Business
Rupee rebounds from all-time low; rises 19 paise to 77.31/USD
Mumbai: After closing at an all-time low against the US dollar on Thursday, the rupee recovered some lost ground to trade at 77.31 against the US dollar in morning trade on Friday…
- Stock Market
Forex reserves down by USD 4.531 bn to USD 629.755 bn
Mumbai: The country’s foreign exchange reserves declined by USD 4.531 billion to stand at USD 629.755 billion in the week ended January 28, RBI data showed on Friday. In the previous week…
- India
Forex reserves up by USD 2.229 bn to USD 634.965 bn: RBI data
Mumbai: The country’s foreign exchange reserves grew by USD 2.229 billion to USD 634.965 billion in the week ended January 14, RBI data showed. In the previous week ended January 7, the…
- Business
Rupee slips 7 paise to end at 74.51 against USD
Mumbai: The Indian rupee weakened by 7 paise to close at 74.51 against the US dollar on Thursday as sustained foreign fund outflows and rising crude oil prices hurt forex market sentiment.…