Pakistani rupee exchange rate falls to an all time low against the US dollar

The Pakistani rupee’s exchange rate fell to its lowest level against the US dollar today amid panic in the country’s fragile forex market, as Pakistan’s central bank denied it would have to return to the IMF for assistance. The currency slid 0.9 per cent to 93.8350 per dollar, which is a record low, according to Malik Bostan, president of Forex Deale

Sri Lanka’s stock market moves higher, concerns over weak rupee

Sri Lanka’s stock market rose more than 1 percent on Friday with retail and foreign investors buying shares in thin volumes in an overall skittish market concerned about a weak Sri Lankan rupee and the outlook for interest rates. The main index

Thai baht exchange rate sees fifth weekly decline on Asia slowdown fears

The Thai baht’s foreign exchange rate had a fifth weekly decline and Thailand’s government bonds rose on fears that growth in Asia is on a slowdown. The local currency dropped to ...

Taiwan’s dollar sees biggest weekly loss in eight months on Asian slowdown

Taiwan’s dollar had its biggest weekly loss in eight months and government bonds rose as signs of a slowdown in Asia’s largest economy heightened concern Europe’s debt crisis is cooling ...

Vietnam’s central bank may cut the ceiling rate on Vietnamese dong deposits

Vietnam’s central bank may cut the ceiling rate on Vietnamese dong deposits by another 2 percentage points to 9 percent later this year to help boost lending and spur economic ...

South Korean won exchange rates rises on IMF’s $430 billion pledge

The South Korean won’s exchange rate rose in trading today after the IMF pledged more than $430 billion to safeguard the world economy. The near-doubling of the IMF’s firepower was announced ...

Statistics show that inflation in Singapore rises more than expected in March

The latest Statistics showed that Singapore’s inflation rose more than economists estimated in March, justifying the central bank’s decision to tighten monetary policy this month. The consumer price index rose 5.2 ...

Philippine peso exchange rate falls, bonds gains on 2013 inflation forecast

The Philippine peso’s exchange rate fell and Philippine bonds gained after policy makers cut the 2013 inflation forecast, following official data that showed prices rose at the slowest pace in ...

Japanese yen and US dollar surge higher as safe haven status returns

The US dollar and the Japanese yen exchange rates surged higher against their major counterparts on Monday as political uncertainty in France and some weak economic reports prompted traders to ...

Hong Kong stock market takes worst loss in nearly two months on Monday

The Hong Kong stock market took it’s worst loss nearly two months on Monday, dragged by a 3 percent slump in China Mobile after it posted underwhelming March subscriber numbers ...

Chinese yuan foreign exchange rate static as China’s central bank set lower rate

The Chinese yuan’s foreign exchange rate remains static against the US dollar late Monday as investors and traders weighed US dollar gains in Asian trading hours against China’s central bank’s ...

Indian rupee foreign exchange rate falls for third week as investors flee

The Indian rupee’s foreign exchange rate fell for a third consecutive week as investors flee on the country’s weak economic outlook and fears more pain was in store for the ...

Indonesian rupiah foreign exchange rate falls after 8.7 earthquake hits

The Indonesian rupiah’s foreign exchange rate fell to its lowest level in almost three weeks and Thai stocks slumped after northwestern Indonesia was hit by a magnitude 8.7 earthquake that ...

Malayisan ringgit foreign exchange rate falls against US dollar on import data

The Malaysian ringgit’s foreign exchange rate fell from earlier gains against the US dollar to close lower yesterday in line with weaker Asian currencies, and on the weaker than expected ...

Pakistan stocks fell on Monday as traders booked profits from last week’s rally

Pakistan stocks fell on Monday as traders booked profits from last week’s rally to a four year high, dealers said. The Karachi Stock Exchange (KSE) benchmark 100-share index ended down 0.72 ...

Sri Lankan rupee foreign exchange rate edges lower against US dollar

The Sri Lankan rupee’s foreign exchange rate edged lower on Monday on last minute importer dollar demand for the upcoming new year season, and as traders shrugged off an expected ...

Thai baht foreign exchange rate heads lower as inflation picks up

The Thai baht’s foreign exchange rate halted a two day rally against the US dollar on Monday as data showed inflation picked up last month for the first time since ...

Taiwanese dollar foreign exchange rate at one month high against US dollar

The Taiwanese dollar’s foreign exchange rate strengthened to a one month high against the US dollar as signs the US economy is recovering spurred investor demand for riskier assets. The MSCI ...

Vietnam’s central bank could remove ceiling on bank deposit rates

Vietnam’s central bank could remove a ceiling on deposit rates in June or July, a state-run newspaper reported on Tuesday quoting the governor, a move that could give banks more ...

Indonesian rupiah foreign exchange rate falls against US dollar

The Indonesia rupiah’s foreign exchange rate fell against the US dollar today on concern a surge in global oil prices will boost the nation’s import costs and spur inflation. “The inflation ...

Ringgit foreign exchange rate higher against US dollar as Malaysian exports eyed

The Malaysian ringgit’s foreign exchange rate rose on signs the US recovery is taking hold, brightening the outlook for exports from Southeast Asia’s third biggest economy. Sales of previously owned US ...

Nepalese rupee’s illegally being exchanged in several money exchange outlets

A Finance Ministry official claimed a bulk of Nepali currency has been smuggled from the country “Nepali currency notes are illegally being exchanged in several money exchange outlets of Dubai,” ...

Pakistani rupee’s exchange rate down over 4 percent against US dollar late 2012

The Pakistani rupee’s foreign exchange rate depreciated by 4.4 percent against US dollar during July to December in 2012, owing to weakening of overall external accounts and depletion of foreign ...

Thai baht foreign exchange rate gains as Central Bank keeps rates unchanged

The Thai baht’s foreign exchange rate gained in currency trading today after Thailand’s central bank voted unanimously to keep its key interest rate unchanged at 3 percent after two consecutive ...

Taiwanese dollar exchange rate steady ahead of Central Bank meeting

Taiwan’s government bonds and the Taiwanese dollar’s foreign exchange rate were little changed before the central bank meets today to discuss borrowing costs. Policy makers will leave the discount rate on ...
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