After many months, the rupee has nearly hit the mark of Rs100-a-dollar. The rupee has gained eight percent in recent months which means that Pakistan stands to gain Rs700 billion in relation to foreign debts.
In New York, the US dollar rose against the Australian dollar and several other emerging market currencies yesterday as investors continued to react to recent weak data from China, which have amplified concerns that the second-biggest economy is losing ...
MUMBAI: Rising for the fifth day in a row, the rupee today appreciated 22 paise against the US dollar to end at an over seven-month high level of 60.85 on heavy capital inflows into equities that surged to a fresh record.
Feb 28 (Reuters) - Speculators reduced bets on the U.S. dollar in the latest week, with net longs falling to their lowest in nearly four months, according to data from the Commodity Futures Trading Commission released on Friday.
Investing.com - The U.S. dollar rose to one-week highs against the Canadian dollar on Monday as Friday's dismal jobs report continued to weigh on Canada's dollar, while upbeat employment data continued to boost the greenback.