US central bank to conduct drill to manage system collapse
The US Federal Reserve is about to conduct its annual “stress test” on the largest US banks, measuring their ability to manage events like a...
US dollar
Rupee falls to new low of 178.04 against dollar
KARACHI: December proves to be a disappointing month for the rupee that set another all-time low of 178.04 – ninth during the month – against...
Rupee sets another low of 176.79 against USD despite $3bn Saudi aid
KARACHI: Pakistani rupee again plunged against the US dollar in the interbank market to hit yet another all-time low of Rs176.79. According to the State...
Dollar slips below Rs175 mark
KARACHI: Pakistani rupee stayed firm against the US dollar on Thursday and gained 6 paisas (+o.03 percent) in the interbank market. According to the State...
Tarin hints at another petrol price hike
KARACHI: Finance adviser Shaukat Tareen Sunday hinted that petrol will become more expensive as the Pakistani rupee continues to depreciate against the US dollar. While...