TOKYO: The dollar slipped further from seven-week highs on Wednesday although underlying support for the greenback remained strong amid a confluence of factors, including a strong U.S. economy and a steady path for rate hikes by the Federal Reserve.
The dollar index was largely unchanged at 95.575, not far off 96.163 reached during the previous session - its highest level since Aug. 20. “There seems to be a bit of exhaustion on the part of the foreign exchange market,” said Bart Wakabayashi of State Street Bank. —Reuters
This handout photo released by the Iraqi prime minister´s office on April 1, 2023, shows a view of installations at...
P@SHA Chairman Zohaib Khan was the esteemed Chief Guest at Aptech 2023. — X/PASHAORGKARACHI: Muhammad Zohaib Khan,...
PSX marked the listing of the Mahaana Islamic Index Exchange Traded Fund with a gong ceremony on aPRIL 23, 2024. —...
FPCCI Regional Chairman and VP Zaki Aijaz while speaking during a round table discussion on the challenges and...
This representational image shows Gold bars. — AFP/FileKARACHI: Gold prices in the local market fell by Rs7,800 per...
Security personnel walk past the US Federal Reserve building in Washington, DC on Oct 22, 2021. — AFPNew York:...