Currency Rates & Currency News News, Forex Market updates

SBP introduces regulatory measures to curb undesirable outflow of cash

Posted on October 7, 2021 by News Desk

KARACHI, Oct 06 (APP):For enhancing transparency in the foreign currency transactions by exchange companies and to curb undesirable outflow of cash foreign currency, State Bank of Pakistan (SBP) has introduced regulatory measures. According to the SBP on Wednesday, persons travelling to Afghanistan will be allowed […]

PSX loses 293 points, closing at 44,373 points

Posted on October 7, 2021 by Tuba Zafar

ISLAMABAD, Oct 6 (APP):The KSE 100-index of the Pakistan Stock Exchange (PSX) witnessed bearish trend on Wednesday, losing 293.34 points, with a negative change of 0.66 per cent, closing at 44,373.23 points against 44,666.57 points on the last working day. A total of 252,760,895 shares […]

European stocks drop in early trade

Posted on October 6, 2021 by Tuba Zafar

London, Oct 6 (AFP/APP):Europe’s major stock markets sank in early trade on Wednesday. London’s benchmark FTSE 100 index shed 1.3 percent to 6,988.85 points, compared with Tuesday’s close. In the eurozone, Frankfurt’s DAX index lost 1.7 percent to 14,926.89 points and the Paris CAC 40 […]

Kerb currency market

Posted on October 6, 2021 by Tuba Zafar

KARACHI, Oct 06 (APP):Following were the Opening Rates of foreign currencies in kerb market issued by the Forex Association of Pakistan (FAP), here on Wednesday. F.C. LOW RATE HIGH RATE U.S $ (Inter Bank) 170.80 170.90 U.S $ (Cash Free Market) 171.20 171.50 SAUDIA RIYAL […]

Tokyo stocks open lower on US rout

Posted on October 1, 2021 by Tuba Zafar

Tokyo, Oct 1 (AFP/APP):Tokyo stocks opened lower on Friday, extending falls on Wall Street, as investors weighed recent events including a ruling-party vote to pick Japan’s next premier. The benchmark Nikkei 225 was down 0.64 percent or 187.76 points at 29,264.90 in early trade, while […]

European stocks sag on mixed economic data

Posted on October 1, 2021 by News Desk

London, Sept 30 (AFP/APP):European stock markets sagged Thursday, as Britain ended a pandemic jobs support scheme and German investors digested disappointing economic data along with post-election uncertainty. After advancing timidly in the morning, London equities closed 0.3 percent lower as Britain marked the end of […]

US, European stocks rebound after selloff

Posted on September 29, 2021 by Tuba Zafar

London, Sept 29 (AFP/APP):US and European stock markets rebounded Wednesday, a day after a selloff over a slew of concerns including high energy prices, rising bond yields and the threat of a US debt crisis. Investors were back in a buying mood as oil prices […]

Tokyo stocks close marginally lower

Posted on September 27, 2021 by Tuba Zafar

Tokyo, Sept 27 (AFP/APP):Tokyo stocks gave up early gains and closed slightly lower on Monday as traders eyed developments in the crisis surrounding Chinese property giant Evergrande. The benchmark Nikkei 225 index edged down 0.03 percent, or 8.75 points, to end at 30,240.06, while the […]

European stocks drop at open following gains

Posted on September 24, 2021 by Tuba Zafar

London, Sept 24 (AFP/APP):Europe’s main stock markets dropped at the open Friday as traders closed out a largely positive week for global equities. London’s benchmark FTSE 100 index dropped 0.2 percent to 7,065.72 points. In the eurozone, Frankfurt’s DAX shed 0.6 percent to 15,552.75 points […]

Rupee at a brink of its ‘all times low against dollar’

Posted on September 24, 2021 by News Desk

Islamabad – September 23 (Online): Pakistani rupee on Thursday closed yet again near its all-time low against the US dollar. The rupee lost 35 paisas (0.21%) to close at Rs169.03 against the greenback in the inter-bank market, according to data released by the State Bank […]

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