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    Pakistani rupee remains unstable, plunges to record low of 210 against US dollar

    Pakistani rupee remains unstable, plunges to record low of 210 against US dollar

    20 Jun 2022

    In line with market expectations, the Pakistani rupee has plunged further and crossed the 210 threshold against the US dollar for the first time in the interbank market on...

    Bitcoin falls to fresh 18-month low as crypto meltdown deepens

    Bitcoin falls to fresh 18-month low as crypto meltdown deepens

    15 Jun 2022

    Bitcoin tumbled on Wednesday to a new 18-month low, dragging smaller tokens down with it and deepening a market meltdown sparked by crypto lender Celsius this week freezing customer withdrawals....

    Cryptocurrency market value slumps under $1 trillion

    Cryptocurrency market value slumps under $1 trillion

    13 Jun 2022

    The value of the cryptocurrency market on Monday fell below $1 trillion for the first time since January 2021, according to data site CoinMarketCap, reaching as low as $926...

    In a first, Pakistan rupee slumps to 205 threshold

    In a first, Pakistan rupee slumps to 205 threshold

    07 Jun 2022

    The Pakistani rupee on Tuesday broke all records against the US dollar after shedding 4 PKR in the open market as it surpassed the 205 threshold for the first...

    Crypto crowd dominate Davos main street despite price crash

    Crypto crowd dominate Davos main street despite price crash

    23 May 2022

    A free bitcoin pizza stall and a "Liquidity Lounge" were among the treats on offer for attendees at this year's meeting in Davos, where blockchain and cryptocurrency firms have...

    Pakistan bans import of all non-essential luxury items to boost economy

    Pakistan bans import of all non-essential luxury items to boost economy

    19 May 2022

    Pakistan has banned the import of all non-essential luxury goods in a bid to stabilise the economy, Information Minister Marriyum Aurangzeb said on Thursday, describing the situation as an...

    80% of Lebanese live below poverty line

    80% of Lebanese live below poverty line

    08 May 2022

    Few Lebanese believe next Sunday’s parliamentary election will install enough reformers in the 128-member national assembly to effect change and save the country from the downward slide which began nearly...

    New Dhs5, Dhs10, Dhs50 banknotes enter circulation, replenished to dedicated ATMs

    New Dhs5, Dhs10, Dhs50 banknotes enter circulation, replenished to dedicated ATMs

    30 Apr 2022

    The Central Bank of the UAE (CBUAE) has announced that the new Dhs5 and Dhs10 banknotes have entered circulation in the UAE following distribution to all banks operating in...

    Turkish CB nearly doubles 2022 inflation forecast to 43 per cent

    Turkish CB nearly doubles 2022 inflation forecast to 43 per cent

    28 Apr 2022

    Turkey’s annual inflation will peak at around 70 per cent by June before declining to near 43 per cent by year-end, the central bank forecast on Thursday, almost quadruple its...

    Economic consequences of the Ukraine war

    Economic consequences of the Ukraine war

    27 Apr 2022

    The World Bank has projected a contraction of the Ukrainian economy in 2022 to be 45 per cent and that of Russia to be 11.2 per cent. This is directly...

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