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Pakistani rupee weakens sharply in likely devaluation by SBP

ISLAMABAD: Pakistan´s rupee weakened sharply against the dollar on Tuesday in what appeared to be a currency devaluation by the central bank, traders said, the second such intervention in the last three months.

The rupee plunged to 03/20/2018 6:43 AM read more

Which currency will come out on top in 2018?

The world’s currencies are on an endless roller-coaster ride, their relative values constantly rising and falling in relation to each other, with the occasional stomach-churning drop.

Last year, it was the turn of the US dollar to 03/20/2018 3:34 AM read more

Old paper £10 notes will cease to be legal tender in ONE week

The old paper £10 note featuring Charles Darwin will expire in just one weeks' time.

Figures from the Bank of England suggest that there is still £2.2bn worth of the old paper £10 notes in circulation, represen 01/30/2018 5:35 AM read more

FOREX-Euro set for 2nd biggest weekly drop in 4 months as hedges in focus

LONDON, Feb 23 (Reuters) - The euro slipped on Friday and is set to post its second biggest weekly loss in nearly four months as investors focused on adding hedges to their portfolios before a big week for foreign exchange markets from a European 01/30/2018 5:34 AM read more

Gulf crisis casts a pall on remittances to Pakistan

THE number of Pakistani workers going to the six-nation Gulf Cooperation Council (GCC) is on the decline, fuelling fears of a consequent fall in remittances from there, particularly at a time when the entire region in general and Saudi Arabia in p 01/30/2018 5:17 AM read more

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