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Dollar hits all-time high, selling for Rs140.5

The finance ministry says Asad Umar didn’t tweet anything about exchange rates

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March 22, 2019


Dollar hits four-month high

It has touched Rs140 again

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March 21, 2019


Dollar firms as Fed seen hiking rate this year

NEW YORK: The dollar broadly strengthened Tuesday on expectations that a Federal Reserve interest rate hike remains on track in the next three months. The greenback also gained as US and European stock markets piled up losses on economic growth concerns and Volkswagen’s escalating emissions scandal. “The widespread gains in the US dollar confirm that…

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September 23, 2015


Dollar weakens in tentative trade ahead of Fed decision

TOKYO: The dollar was broadly weaker in cautious Tokyo trade Wednesday, ahead of a US interest rate decision this week that could see the first hike in almost a decade.

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September 16, 2015


Turkish currency hits new historic low of 3 lira to dollar

ISTANBUL: Turkey’s embattled lira on Thursday hit a new historic low in value against the US dollar, breaking the ceiling of three lira to the dollar for the first time.

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August 20, 2015


Dollar heads higher helped by housing sector sentiment

NEW YORK: The dollar headed higher Monday, notching its third straight gain versus the euro, helped by improving confidence in the US housing sector. The greenback rose to $1.1078 per euro, and to 124.41 yen, the latter hit only slightly by Monday’s data showing that the Japanese economy contracted 0.4 percent in the second quarter….

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August 18, 2015


Dollar slips vs. euro, yen after US jobs report

NEW YORK: The dollar fell against the euro and the yen Friday, despite a solid US jobs report that raised expectations that the Federal Reserve will soon lift interest rates. The dollar initially rose after the report, which said the US economy added 215,000 jobs in July and that unemployment held steady at a seven-year…

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August 7, 2015


Dollar surges on rise in US inflation

NEW YORK: An unexpected jump in US core inflation in April sparked a surge in the dollar Friday, capping a week-long rebound by the greenback. The dollar added more than 1.5 cents against the euro immediately after the US Commerce Department reported that core consumer prices — those excluding food and energy — jumped 0.3…

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May 22, 2015


Australian dollar dips below parity with greenback

SYDNEY: The Australian dollar dropped below parity with the greenback on Monday for the first time since December as political turmoil in Greece led traders to sell riskier assets.At 1224 (0224 GMT), the “Aussie” was trading at 99.99 US cents, down from 100.14 cents at the start of Monday's trade, although it soon recovered to…

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May 14, 2012