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The Pakistan rupee ended at a record closing low of 300.2 on Thursday, breaching a psychological barrier of 300 to the US dollar, central bank data showed, amid a...
Global stocks skidded and the dollar jumped on Tuesday after Moody’s cut the credit ratings of 10 small to mid-sized US banks and China’s trade data was worse than forecast...
Cooling US inflation is accelerating a decline in the dollar, and risk assets around the world stand to benefit. The dollar is down nearly 13% against a basket of currencies...
Pakistan’s year-on-year inflation hit a record 37.97 per cent in May, official data revealed on Thursday, with the nation on the brink of economic collapse and crucial bailout talks stalled....
The Turkish lira weakened to a record low of 20 against the dollar, ahead of this weekend’s presidential election runoff which will decide whether President Tayyip Erdogan extends his rule...
Ashraf Padanna British private equity firm Apax Partners and alternative asset manager Blackstone have announced a $450 million investment in Indian travel tech major IBS Software. The Kerala-based firm...
Turkey’s lira held near a two-month low, its sovereign dollar bonds tumbled and the cost of insuring exposure to the country’s debt spiked as the presidential election appeared headed for...
Mohammed Yaseen, Staff Reporter An Asian was defrauded with a fake dollar deal via a Facebook account promoting the sale of dollars at less than the recognised value. As...
Oil prices surged on Monday after Saudi Arabia and other Opec+ producers announced a surprise cut in their output target, a move that rippled through stock markets, though the dollar...
Startup-focused lender SVB Financial Group became the largest bank to fail since the 2008 financial crisis on Friday, in a sudden collapse that roiled global markets, left billions of dollars...
