Currencies
The rupee, the dollar and other currencies, exchange rates and remittances.
Currencies Wire
More Stories
Latest in Currencies
POLICY & REGULATIONShehbaz Sharif orders FBR restructuring with operational autonomy at its core
Shehbaz Sharif has directed reforms to the Federal Board of Revenue, with officials saying full operational autonomy is needed to shield tax collection from political interference amid an 868 billion rupee shortfall.
- MARKETS
Yuan edges higher as Fed rate caution pulls dollar off 18-month peak
The onshore yuan rose 0.09% to 6.6918 per dollar after Federal Reserve officials tempered expectations of a rate rise this month, despite hot inflation data.
MARKETSAsian currencies slide as hot US inflation lifts Fed rate-hike bets
Emerging Asian currencies weakened after US inflation came in hotter than expected, with the won and Taiwan dollar falling and South Korea's KOSPI dropping over 8%.
MARKETSSBP forex reserves rise $16m to $21.47b
State Bank of Pakistan reserves rose $16m to $21.47bn in the week to October 9, 2026, while the rupee gained marginally and local gold held steady as international bullion rallied.
MARKETSIndian rupee set to rise as offshore traders unwind bearish bets
The rupee is expected to open stronger as offshore traders cut long dollar positions, supported by RBI measures and clarifications on hedging rules.
MARKETSPakistani rupee edges up 0.01% against US dollar in interbank market
The rupee closed at 276.92 on Thursday, a gain of Re0.03, as the US dollar slipped from an 18-month peak amid mixed inflation data and Fed caution.
- MARKETS
Gold rebounds from one-week low as dollar slips
Gold rose more than 1% on Thursday, rebounding from a one-week low as the US dollar eased, while investors weighed the odds of a Federal Reserve rate hike this month after a hot inflation report.
MARKETSEuro zone bond yields dip as markets await US inflation data
Euro zone bond yields edged lower on Wednesday as investors awaited US inflation figures for clues on the Federal Reserve's rate path, while ECB President Christine Lagarde said euro zone inflation remains driven mainly by energy prices.
MARKETSIndian rupee set to extend recovery as RBI takes more steps to ease pressure
The Indian rupee is expected to open firmer on Tuesday after its biggest single-day gain in six months, as the Reserve Bank of India widened restrictions on foreign-exchange hedging.
MARKETSIndian shares set to open higher as oil eases and RBI supports rupee
GIFT Nifty futures pointed to a firmer open after the Nifty 50 ended a 25-year record weekly losing run, with Brent easing and the RBI unveiling new steps to support the rupee near record lows.
MARKETSRupee set to rally as RBI tightens foreign-exchange rules
Traders expect the rupee to strengthen about 1% to 95.60-95.90 per dollar after the RBI barred rebooking of cancelled FX derivative contracts and required banks to set aside 20% cash on some hedges.
MARKETSRupee edges up one paisa to close at Rs 277 against dollar
The rupee appreciated by one paisa in interbank trading to close at Rs 277, while the euro and British pound gained against the rupee.
MARKETSIndia's central bank moves oil firms' dollar demand off spot market
The Reserve Bank of India will supply dollars directly to three state-run oil marketers and has raised the cost of hedging, as the rupee hovers near record lows after falling more than 7% this year.
NEWSPakistan remittances rise 12.7% year on year to $3.6bn in September
State Bank of Pakistan data show overseas workers' remittances reached $3.6bn in September 2026, up 12.7% year on year but 1.9% lower than August, with Jul-Sept FY27 inflows up 14.74% to $10.9bn.
MARKETSIndian rupee firms as central bank intervenes and oil prices retreat
The rupee rose 0.2% to 96.61 per dollar, with traders saying the central bank likely intervened near 96.80. Brent fell about 1.5% after Donald Trump said he would not attack Iran before US elections.
- MARKETS
Sensex closes at 32-month low as oil surge and foreign selling bite
India's Sensex closed at a 32-month low and the Nifty 50 fell 1.64% as Brent crude topped $104 a barrel, the rupee weakened and foreign investors extended a record selling run.
- MARKETS
Gold firms as dollar softens, Fed rate path in focus
Spot gold rose 0.9% to $4,169.32 an ounce as a softer dollar and easing Treasury yields supported bullion, with traders weighing inflation risks against the Federal Reserve's next move.
- MARKETS
Gold recovers from two-month low as dollar rally stalls
Spot gold rose 0.5% to $4,132.66 an ounce as the dollar eased from an 18-month peak, though traders still price an 80% chance of a December Federal Reserve rate rise.
- MARKETS
Dollar holds firm as hawkish Fed minutes keep rate risks in view
The dollar index held at 102.23, close to an 18-month high, after FOMC minutes showed most officials saw inflation risks tilted to the upside. Futures price a 19% chance of a hike this month.
MARKETSRupee closes marginally higher at 277.02 against the dollar
The rupee gained Re0.03, or 0.01%, in the interbank market on Wednesday to close at 277.02, as the dollar firmed overseas and crude prices climbed.
