Tag Archives: currency

Analysts reveal that the Pakistan rupee could face additional pressure in the upcoming weeks, in the midst of the country’s chronic foreign currency shortage and speculation of a third currency devaluation. The currency, which has been exposed to growing external …

The State Bank of Pakistan (SBP) rightly making efforts to control the circulation of money (demand & supply) in the market by different monetary decisions and mechanisms in Pakistan as if the monetary policy decisions are effective then it can …

In the inter-bank market, rupee was available in terms of dollar for buying and selling at Rs 106.75 and Rs 107.25, dealers said. The national currency shed 20 paisas against the dollar for buying Rs 107.50 and it also lost …

Last week, Trump’s comments and North Korea’s threat to launch a missile attack on Guam increased geopolitical risk and led to a rise in the value of safe haven assets. The Japanese yen rose to 109. The euro fell from …

Interview with Mr Hamid Hussain Qureshi – Chief Executive, Macca Food International PAGE: What kind of impact could rupee devaluation have on rice exporters? Hamid Hussain Qureshi: Pakistani Rice Exporters will be having short term gains of profits making on rice …

Bitcoin is in decline. Not its price, which has increased 900% this year and (at the time of writing) stands at over US$12,000 per unit, but its actual use as a currency. And this makes its rapid appreciation all the …

In third-century Rome, Julius Paulus Prudentissimus, chief legal advisor to Emperor Severus Alexander, described the fundamental rationale for a government-issued currency using terms that remain familiar to modern monetary economists. It was, he wrote, a unit of account for the …