BEIJING: The central parity rate of the Chinese currency renminbi, or the yuan, weakened 158 basis points to 6.8908 against the U.S. dollar Monday, according...
ISLAMABAD: The State Bank of Pakistan has taken immediate remedial measures with the concerned bank to ensure uninterrupted provision of banking services to the general...
Lahore – Customs officials arrested a man identified as Abdul Basit at Allama Iqbal airport and recovered gold along with foreign currency above the prescribed...
Singapore: The soaring cost of cars and utilities as well as a strong currency have made Singapore the world’s most expensive city, toppling Tokyo from the...
Karachi: Pakistan’s rupee depreciated by 4.9 percent against the green back in 2011 despite relatively strong micro-economic factors witnessed in the first half of the...
Karachi: Pakistan and China have signed Currency Swap Agreement (CSA) for promoting bilateral trade and enhancing financing of direct investment between the two countries in...
London: Prime Minister David Cameron said London’s financial center is under “constant attack” from European Union bureaucrats and he’ll seek to prevent closer integration by...
Beijing: China has achieved another milestone when its trade with the European Union (EU) totalled 35.6 billion euros ($49.4 billion) in July, allowing Beijing to...