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Reuters
March 27, 2025

US auto tariffs shake global industry as price hikes, job losses loom

Europe’s auto industry calls for transatlantic deal to avert the tariffs announced by US President Donald Trump

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WEB DESK
March 11, 2025

US tariff threat: India mulls exporter incentives, as central bank sells dollars to support rupee

As India mulls exporter incentives, the Reserve Bank of India (RBI) has been likely selling dollars on Tuesday to support the rupee.

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WEB DESK
January 25, 2024

Pakistan sees further rise in forex reserves

The central bank said its foreign exchange reserves now stand at $8.27 billion.

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WEB DESK
October 5, 2023

Iraq to end all dollar cash withdrawals by Jan 1 2024

It’s also part of a broader push to de-dollarize an economy that has seen the greenback preferred over local notes by a population weary of recurring wars and crises following the 2003 US invasion.

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Zafar Ali
September 19, 2023

Homes to be raided for recovering hoarded dollars

In a significant development, Pakistani authorities are gearing up for a major crackdown on those involved in hoarding dollars

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WEB DESK
September 8, 2023

Rupee continues to make recovery against dollar

Currency dealers, while lauding the role of Chief of Army Staff (COAS) Asim Munir, informed that Exchange Companies (ECs) have surrendered $ 20 million to the inter-bank market during the last two days

WEB DESK
August 21, 2023

Rupee improves marginally against US dollar

Oil prices, a key indicator of currency parity, rose on Monday as global supply is tightening with lower exports from Saudi Arabia and Russia, offsetting nagging concerns about global demand growth amid high interest rates.