WELLINGTON: New Zealand's central bank on Wednesday delivered its eighth consecutive interest rate hike, sending the country's borrowing costs to their highest level in...
KARACHI: The data released by the State Bank of Pakistan (SBP) showed on Thursday that the foreign exchange reserves dropped by $843.7 million during...
NEW DELHI: India’s foreign exchange reserves are comfortable by global standards and sufficient to mitigate any undue volatility in the foreign exchange market, the...
NEW YORK: US and British regulators hit six leading global banks with fines of nearly $6 billion Wednesday for rigging the global foreign exchange and Libor interest rate markets to bolster their profits.
TOKYO: The dollar firmed Thursday after the minutes of the Federal Reserve's last policy meeting showed a split over the timing of an interest-rate increase, keeping chances of a June hike alive.
TOKYO: The euro lost more ground against the dollar in Asia on Tuesday after talks between Greece and its creditors collapsed, fanning fears that the country will tumble out of the eurozone.
HONG KONG: Asian markets mostly slipped Friday on profit-taking after a healthy run-up this month, while another record close for the Dow on Wall Street helped limit losses.
KARACHI: The foreign exchange reserves of Pakistan have crossed $ 14 billion in the week ending June 20, ARY News reported Saturday.
According to State...