Current Account

Holistic approach needed to curb rising prices

Jeremy Cook

May 16, 2022

Current Account

Prices of basic necessities continue to rise at a rapid pace. Bangladesh has been feeling this inflationary pressure since June 2020, which has recently become unbearable for the poor and fixed income groups ...

LCCI concerned about PKR slide – Business & Finance

Jeremy Cook

May 15, 2022

Current Account

LAHORE: The Lahore Chamber of Commerce and Industry feared on Saturday that the economy could shrink further due to the continued and uncontrolled rise in the price of the dollar against the rupee. "Pakistan S...

Bank of Baroda posts net profit of Rs 1,779 cr in March qtr

Jeremy Cook

May 13, 2022

Current Account

State-owned Baroda Bank reported a net profit of Rs 1,779 crore in the quarter ended March 2022 on Friday.The bank had recorded a net loss of Rs 1,047 crore in the same quarter of the 2020-21 financial year.To...

Morgan Stanley lowers India growth forecast on inflation and global slowdown

Jeremy Cook

May 11, 2022

Current Account

Morgan Stanley cut its forecast for India's economic growth over the next two years, saying a global slowdown, soaring oil prices and weak domestic...

Business News | Stock and Stock Market News | Financial news

Jeremy Cook

May 9, 2022

Current Account

a,.special_wrapbx a{color:#333;font:400 11px Lato,sans-serif}.user_after_login a, .user_before_login a {color: #333333;font: 11px 'Lato',sans-serif;}.dropdown-menu{display:none;background-clip:bo...

Inflation in Turkey climbs to 70%, putting Erdogan in a bind

Jeremy Cook

May 5, 2022

Current Account

A man looks at a butcher shop window in Ankara, Turkey February 16, 2022. REUTERS/Cagla GurdoganJoin now for FREE unlimited access to Reuters.comRegisterEnergy and food are driving up pricesInterest rate cuts a...

Restoration of IMF program brings hope to Pakistan’s struggling economy

Jeremy Cook

May 2, 2022

Current Account

ISLAMABAD - The restoration (with extension) of the Expanded Financing Facility (EFF) program with the International Monetary Fund (IMF), which was interrupted at the end of the mandate of the Pakistani governm...

Yes Bank posts Rs 367 crore profit in March quarter

Jeremy Cook

April 30, 2022

Current Account

Mumbai-headquartered Yes Bank on Saturday reported a net profit of Rs 367 crore in the March quarter of FY22. The private sector lender suffered a loss of Rs 3,788 crore in the of the corresponding quarter a ye...

KBC Bank Ireland extends current account closure notice

Jeremy Cook

April 29, 2022

Current Account

KBC Bank Ireland has announced that it has decided to extend the notice period for closing current accounts from 90 days to six months. The move aligns it with Ulster Bank, which gives customers six months to ...

5 signs you need a new commercial bank | Economic news

Jeremy Cook

April 26, 2022

Current Account

Small business owners tend to stay loyal to their bank.For some, that allegian...

Money-Making Tips: Woman Shares Easy Way To Switch Thousands Of People’s Bank Accounts | Personal finance | Finance

Jeremy Cook

April 25, 2022

Current Account

The 32-year-old from Lancaster told Express.co.uk it was a great way to build up a savings pot and she had 'never had a hitch'. However, she shared a tip to make the process of changing banks go smoothly.To da...

ICICI Bank Q4FY22 PAT jumps 59 pc to Rs 7,018.71 cr | India is blooming

Jeremy Cook

April 23, 2022

Current Account

Mumbai: ICICI Bank reported a 59.42% increase in its standalone net profit to Rs 7,018.71 crore in the fourth quarter last fiscal year (Q4FY22) from Rs 4,402.61 crore in the same quarter a year ago year. ...

Pakistan’s finance minister flies to Washington for talks with IMF over $6 billion package

Jeremy Cook

April 21, 2022

Current Account

Pakistan's new finance minister, Miftah Ismail, traveled to Washington on Thursday to meet with senior IMF officials to renegotiate a $6 billion ba...

Business News | Stock and Equity Market News | Financial News

Jeremy Cook

April 19, 2022

Current Account

a,.special_wrapbx a{color:#333;font:400 11px Lato,sans-serif}.user_after_login a, .user_before_login a {color: #333333;font: 11px 'Lato',sans-serif;}.dropdown-menu{display:none;background-clip:bo...

Exchange rate still plagued by uncertainty – Journal

Jeremy Cook

April 17, 2022

Current Account

KARACHI: Currency experts and brokers say the exchange rate is still reeling from political and economic uncertainty, even after one of the fastest rallies in the past week. The rupee has gained 3.5% in the in...

Sri Lanka’s economic outlook is uncertain and requires urgent action: World Bank

Jeremy Cook

April 14, 2022

Current Account

Sri Lanka needs urgent policy measures to address its high debt and debt service levels, reduce the fiscal deficit and restore external stability, ...

The Story of Open Banking: Birth of a Billion Dollar Revolution

Jeremy Cook

April 12, 2022

Current Account

FeaturesDigital bank Open banking has been around for years in various forms, but only now is its full potential being realized.Image source: OC Gonzalez on Unsplash.This is an excerpt from AltFi's 2022 Sta...

Inflation is hurting everyone, and it could get worse

Jeremy Cook

April 10, 2022

Current Account

The price of diesel hit triple digits for the first time in Maharashtra on March 30. Although this is expected, as fuel prices have been rising steadily for some time, it seems to have a psychological effect o...

Treasury targets economic pain in Russia, but critics question effectiveness

Jeremy Cook

April 8, 2022

Current Account

WASHINGTON — When Russia imposed retaliatory sanctions on senior US officials last month, his administration targeted President Biden and his top national security advisers, as well as Wally Adeyemo, the deputy...

Once mocked by Biden, Putin’s ruble soars

Jeremy Cook

April 6, 2022

Current Account

In Russia's post-Soviet history, the ruble-dollar exchange rate has arguably been the most important economic indicator for Russians. The rate was disseminated by the exchange kiosks that sprung up in every ci...

Pakistan in turmoil, IMF’s $6 billion bailout program suspended | world news

Jeremy Cook

April 5, 2022

Current Account

With Pakistan in political turmoil, the country's economic woes have multiplied. The International Monetary Fund's $6 billion program has stalled, with no possibility of approving the next tranche in the curr...

Protesters in Sri Lanka defy curfew, police fire tear gas at students

Jeremy Cook

April 3, 2022

Current Account

Peaceful protests against the government were held across ColomboGovernment lifts block on social media platforms after several hoursThe curfew ends Monday morningCOLOMBO, April 3 (Reuters) - Protesters in Colo...

Scrap, can be paid directly to current account

Jeremy Cook

April 1, 2022

Current Account

With the approval of the Sostegni-ter decree, the advantages of facilitated identification are preserved. In addition, payment can be made directly to the current account. (Pixabay) the DL 4/2022or new Sosteg...

British Airways flights resume after computer glitch

Jeremy Cook

March 30, 2022

Current Account

gHello. While there are tentative signs of de-escalation in the Russian-Ukrainian war, tensions between Moscow and the West show no signs of letting up. A Putin ally has proposed that Moscow extend its demand...

Australia, New Zealand Dollar Bridge Yield Gulf to 7-Year Highs on Yen

Jeremy Cook

March 28, 2022

Current Account

SYDNEY, March 28 (Reuters) - The Australian and New Zealand dollars extended their meteoric rise against the yen on Monday as the Bank of Japan moved to keep domestic bond yields near zero even as Antipodean y...

Inflation is expected to fall further

Jeremy Cook

March 24, 2022

Current Account

CARACHI: The latest jump in threshold yields on 3 to 12 month sovereign paper - treasury bills - suggests that the benchmark interest rate and inflation are close to a "peak" and that economic activities ...

CBI arrests Chennai Post Trust official in alleged fraud case

Jeremy Cook

March 22, 2022

Current Account

NNA | Update: March 22, 2022 5:14 p.m. STI New Delhi Mar 22 (ANI): The Central Bureau of...

Public pressure will force dissidents back (PM Imran Khan)

Jeremy Cook

March 20, 2022

Current Account

ISLAMABAD: Prime Minister Imran Khan said on Saturday that the majority of "disgruntled members" would return after seeing public pressure.“Times have changed from when there was Chhanga Manga politics a...

Government raises 193 billion rupees via fixed rate GDPs

Jeremy Cook

March 17, 2022

Current Account

KARACHI: The government, in a bid to meet its financing needs, raised 193 billion rupees by auctioning fixed-rate Pakistani investment bonds, with threshold yields on three-, five- and 10-year papers tendi...

China’s COVID-19 cases rise as Jilin outbreak grows

Jeremy Cook

March 15, 2022

Current Account

Residents wearing face masks line up at a makeshift nucleic acid testing site during mass testing for the coronavirus disease (COVID-19), in the Chaoyang district of Beijing, China, on March 14, 2022. REUTERS...

How India can deal with ‘black swans’

Jeremy Cook

March 13, 2022

Current Account

As another black swan event has engulfed the world with Russia and Ukraine at loggerheads, it is a clarion call for economies like India to learn from it. The world in the first two decades of the 21st centur...

PH’s trade deficit widened by 63% in January

Jeremy Cook

March 11, 2022

Current Account

External merchandise trade rose for the 12th straight month in January, but a sustained surge in imports that outpaced exports widened the Philippines' trade deficit, putting further pressure on the peso to ...

Bearish Asia FX Bets Rise Amid Ukraine Crisis, Rupee Sells Near 2-Year High

Jeremy Cook

March 10, 2022

Current Account

A worker checks a 500 Indian rupee note as a man fills diesel into containers at a gas station in Kolkata, India August 14, 2018. REUTERS/Rupak de Chowdhuri/FilesJoin now for FREE unlimited access to Reuters.co...

Santander increases interest on some accounts from March 28

Jeremy Cook

March 8, 2022

Current Account

Santander will increase interest on its current account 123 from the end of the month. The bank will increase it by 0.2 percentage points, to 0.5%. The changes come into effect on March 28. Rachel Spring...

European summits with Ukrainian issues on the agenda

Jeremy Cook

March 6, 2022

Current Account

This article is an on-site version of our The Week Ahead newsletter. Register here to receive the newsletter directly in your inbox every SundayHello and welcome to the working week.Once again, an anniv...

Ireland’s economy grew by 13.5% in 2021, according to new figures

Jeremy Cook

March 4, 2022

Current Account

Ireland's economy has seen strong growth in 2021, according to new figures released by the Central Statistics Office (CSO). Gross Domestic Product (GDP) increased by approximately 13.5% while Gross National Pro...

Second round of Russian-Ukrainian talks will take place today, says Ukrainian presidential aide

Jeremy Cook

March 2, 2022

Current Account

In London, a sister remembers her brother killed on the Ukrainian front line. In Glasgow, a truck driver receives a call from his wife in Lviv: war has come to their homeland. And in Connecticut, a college pr...

Geopolitical risks to accelerate imports and widen the deficit in the short term: Ind-Ra

Jeremy Cook

March 1, 2022

Current Account

Geopolitical risks arising from the Russian-Ukrainian conflict would increase the import bill for items such as mineral fuels and oils, gemstones and jewellery, edible oils and fertilizers,...

‘A global financial pariah’: How central bank sanctions could hamper Russia

Jeremy Cook

February 27, 2022

Current Account

The United States and its Western allies have unveiled the most punitive sanctions yet against Russia, the latest in a series of sanctions rolled out in response to the country's full-scale invasion of U...

Federal Court Grants Summary Judgment Declaring Loan True During COVID-19 Forbearance | Troutman pepper

Jeremy Cook

February 25, 2022

Current Account

In December 2021, a federal judge granted a motion for summary judgment in Mitchell v. LLC Specialty Loan Service, finding that defendant Specialized Loan Servicing LLC (Specialized Loan) correctly reported ...

Angeles City records no new cases of COVID-19

Jeremy Cook

February 22, 2022

Current Account

MABALACAT CITY, Pampanga — For the first time this year, the city of Angeles recorded no new cases of COVID-19 and no deaths on Sunday, February 20, the city government announced Monday. He said there had be...

Vietnam international hot air balloon festival aims to boost tourism after pandemic

Jeremy Cook

February 20, 2022

Current Account

A hot air balloon test flight was organized by Ballooning Media at Nguyễn Tất Thành Square in Tuyên Quang City. — VNA/VNS Photo Nam Sương via Viet Nam News/Asia News NetworkTUYÊN QUANG — An international hot a...

‘Shark Tank’ Investor Kevin O’Leary Says Bitcoin Won’t Hit $300,000 Until Institutions Get Comfortable Buying the Crypto

Jeremy Cook

February 18, 2022

Current Account

...

Nick Clegg promoted to starring role on Facebook | Facebook

Jeremy Cook

February 16, 2022

Current Account

Meta chief executive Mark Zuckerberg has promoted the company's top political officer, Nick Clegg, to president of global affairs, Zuckerberg said in a message Wednesday, reducing his own role in corporate...

Is India’s elite abandoning the country’s poor and vulnerable?

Jeremy Cook

February 15, 2022

Current Account

Amid all the talk of two Bharats, do we see a time horizon where India's elite could abandon the country's poor and vulnerable?This is a question I've been thinking about for a few months now. My cu...

This bank emerges as the leader among PSBs for deposit mobilization in Q3

Jeremy Cook

February 13, 2022

Current Account

Bank of Maharashtra (BoM) emerged as the top performer among public sector banks (PSBs) in terms of deposit mobilization growth in the third quarter ended December 2021, according to an ana...

Documents to gather before filing – Forbes Advisor

Jeremy Cook

February 11, 2022

Current Account

Editorial Note: We earn a commission on partner links on Forbes Advisor. Commissions do not affect the opinions or ratings of our editors. Whether you're fi...

Tarlac launches COVID-19 reminder campaign for cops and parents

Jeremy Cook

February 10, 2022

Current Account

A police officer gets vaccinated against COVID-19 in Tarlac City on Wednesday. | PHOTO: Tarlac Provincial Police Office MABALACAT CITY, Pampanga – The Tarlac Provincial Police Office Health Unit launched it...

Live news: Hong Kong to toughen anti-Covid measures after record infections

Jeremy Cook

February 8, 2022

Current Account

Government bond markets remained under pressure on Tuesday as traders anticipated a fresh round of US inflation data and braced for central banks to tighten monetary policy.The yield on the 10-year Treasury not...

How to Change User Profile Folder Name in Windows 11

Jeremy Cook

February 6, 2022

Current Account

If you're stuck with a crummy user profile folder name on Windows 11, there are ways to change it to your liking. When you create a new user account in Windows 11, the Operat...

Your guide to financial planning: How to get started and what to consider

Jeremy Cook

February 4, 2022

Current Account

What is Financial Planning? There is a lot of financial planning myths. A common misconception is that financial planning is only for wealthy individuals and familie...

Recovery of the ruble, Russian equities run out of steam

Jeremy Cook

February 3, 2022

Current Account

MOSCOW, Feb 3 (Reuters) - The ruble weakened on Thursday after suffering recent heavy losses for five consecutive days, as stock indices tumbled as investors kept tabs on tensions between Moscow and the West th...

Russian stocks rise 35% as Ukraine crisis ‘subsides’. These 2 ETFs allow you to play

Jeremy Cook

February 1, 2022

Current Account

Investing in Russia means investing in oil and natural gas. And with demand for both growing as the global economy recovers from the coronavirus pandemic, a play on Russia could serve in...

The net foreign asset position of Qatar’s banks is large, but manageable (EIU)

Jeremy Cook

January 30, 2022

Current Account

Qatari banks' net foreign position is "large but manageable"; the Economist Intelligence Unit said and noted that the sector was "well regulated".In its latest update, the EIU said that "while net external li...

Oil, Omicron, Inflation and Interest Rates – And then on to Assets

Jeremy Cook

January 29, 2022

Current Account

The three important factors, which would affect all asset classes in the short term, are the behavior of oil prices, the behavior of Omicron and the behavior of inflation, thus affecting the interest rate scena...

Unity Credit Union’s MYCU Current Account and MYCU Debit Card have arrived!

Jeremy Cook

January 27, 2022

Current Account

Unity Credit Union Limited are among 16 credit unions across the country offering the MYCU debit card and checking account. The MYCU debit card is part of the Mastercard network ...

Experts project status quo at MPC meeting

Jeremy Cook

January 24, 2022

Current Account

CARACHI: The State Bank of Pakistan (SBP) is due to meet on Monday January 24 to assess the evolution of the economic situation and announce its monetary policy. Contradictory movements in economic indica...

India hits record high monthly exports

Jeremy Cook

January 22, 2022

Current Account

MUMBAI, 15th JANUARY 2022 – The Ministry of Trade and Industry has recently released the country's monthly...

inflation is costing all but some of us more than others

Jeremy Cook

January 20, 2022

Current Account

Contrary to historical trends, cost increases have been about the same magnitude for all households in recent quarters. This likely reflects the fact that inflation has been ve...

Agility Bank, Numerated Team on Bank of Future

Jeremy Cook

January 18, 2022

Current Account

Women-led commercial community bank Agility Bank (in organization) is tapping fintech startup Numerated to help it deliver streamlined digital lending experiences to customers using its full range of business b...

A quiet comeback is beginning in emerging markets

Jeremy Cook

January 17, 2022

Current Account

The writer, chief global strategist of Morgan Stanley Investment Management, is the author of “The Ten Rules of Successful Nations”After their worst decade since the 1930s, emerging stock markets continu...

Resumption of business after the second wave of Covid

Jeremy Cook

January 15, 2022

Current Account

Asjadul Kibra | Published: January 15, 2022 9:34:42 p.m. Bangladesh's economy is rebounding thanks to the recovery of its foreign trade. The country's two-way merchandise trade with the rest of t...

Canada’s Quebec moves forward with plan to tax unvaccinated, details soon

Jeremy Cook

January 13, 2022

Current Account

A bus carrying Canadian Armed Forces (CAF) medical personnel arrives at Villa Val des Arbres, a long-term care center for the elderly, to help amid the outbreak of the coronavirus disease (COVID-19) , in Mont...

Rupee hits 3-month high at 73.91 vs. $

Jeremy Cook

January 11, 2022

Current Account

Mumbai: The rupee hit a high for more than three months on Tuesday, regaining 73 levels. By the close of trade it had gained 13 paise to end at 73.91 against the US dollar. The last time the rupee closed arou...

Star City Postpones Reopening As COVID-19 Cases Soar

Jeremy Cook

January 10, 2022

Current Account

One of Star City's thrilling rides MANILA, Philippines - Star City, Metro Manila's iconic theme park, is postponing its scheduled reopening. Star City made the announcement on a Facebook post on Sunday. The ...

Businessmen sound the alarm on rising import bill

Jeremy Cook

January 8, 2022

Current Account

KARACHIThe business community has warned the government of a further widening of the trade deficit due to the sharp increase in the import bill in the first half of...

DOJ considers downsizing amid rising COVID-19 cases

Jeremy Cook

January 6, 2022

Current Account

FILE PHOTO: Secretary of the Ministry of Justice Menardo Guevarra. INVESTIGATOR / GRIG C. MONTEGRANDE MANILA, Philippines - The Department of Justice (DOJ) is considering downsizing following the recent incr...

International financial cooperation is important for the status of the world’s reserve currency

Jeremy Cook

January 4, 2022

Current Account

U.S. Federal Reserve Chairman Jerome Powell testifies during a hearing on Capitol Hill in Washington, DC, the United States, December 1, 2020 (Photo: Xinhua) On December 15, US Federal Reserve Chairman Jerome P...

Imports fall, exports rise as government strives to close deficit

Jeremy Cook

January 2, 2022

Current Account

Pakistan's total imports decreased by $ 1 billion, from $ 7.9 billion to $ 6.9 billion in December 2021 compared to November 2021. The projection of imports for the month was $ 6.2 billion. of dollars. ...

France faces ‘difficult’ weeks as country reports over 230,000 COVID cases – Macron

Jeremy Cook

December 31, 2021

Current Account

People line up outside a mobile coronavirus disease (COVID-19) test booth in Paris, France, December 31, 2021. (REUTERS) PARIS - French President Emmanuel Macron said on Friday that the next few weeks will be...

Why did the domestic recovery slow down in November?

Jeremy Cook

December 30, 2021

Current Account

India's economic recovery appears to have remained slow in November, still plagued by some of the factors that tarnished the picture in October. Global supply disruptions have made...

India strengthens its arsenal against COVID-19 with the Merck pill and two additional vaccines

Jeremy Cook

December 28, 2021

Current Account

A man walks past a Covid-19 coronavirus awareness mural in Chennai on December 16, 2021. (Photo by Arun SANKAR / AFP) BENGALURU - India has approved Merck's COVID-19 pill and two other vaccines for emergency ...

MIS and Al-Rajhi Capital Launch $ 266 Million Sharia Compliant Investment Fund

Jeremy Cook

December 26, 2021

Current Account

RIYAD: Global economic output is expected to exceed $ 100,000 billion next year, according to a report by UK consulting firm Cebr. The report also says it will take longer than expected for China to ov...

Exchange-protected Turkish lira deposits exceed $ 2.24 billion: Erdoğan

Jeremy Cook

December 24, 2021

Current Account

"New currency protected Turkish Lira deposits have reached 23.8 billion TL ($ 2.24 billion) to date," President Recep Tayyip Erdoğan said in a television interview on Friday evening. Speak...

Brazilian real and Chilean peso rise above 1%, though investors assess Omicron’s risks

Jeremy Cook

December 22, 2021

Current Account

Brazilian lawmakers approve 2022 budgetBovespa slips as Vale weighsArgentina increases stocks amid IMF payment reportDecember 22 (Reuters) - Most Latin American currencies strengthened against a weaker dollar o...

PTI government to pay $ 55 billion in debt during his tenure: Fawad Chaudhry – Affaires

Jeremy Cook

December 21, 2021

Current Account

Federal Information and Broadcasting Minister Fawad Chaudhry estimated on Tuesday that outgoing Pakistani government Tehreek-e-Insaf (PTI) would pay $ 55 billion in external debt repayment during its five-year ...

Is opting for SIPs rather than a lump sum a better investment approach?

Jeremy Cook

December 19, 2021

Current Account

However, the “average rupee cost” advantage of SIPs also made them attractive to those on lump sums; for example, someone who sold a property or got a work premium. Staggering...

Treasury bills, GDP yields fall

Jeremy Cook

December 18, 2021

Current Account

KARACHI: Yields on T-bills and Pakistan investment bonds (GDP) fell on Friday after the State Bank of Pakistan (SBP) conducted an open market operation (OMO) 63 days for a first in recent years to give the...

Turkish lira surpasses 15 per dollar ahead of rate decision

Jeremy Cook

December 16, 2021

Current Account

Turkish Lira banknotes are placed on US dollar banknotes in this illustration taken November 28, 2021. REUTERS / Dado Ruvic / Illustration / File PhotoRegister now for FREE and unlimited access to reuters.comRe...

The child tax credit arrives on December 15th. And 2022? don’t count on it

Jeremy Cook

December 14, 2021

Current Account

A final money explosion is expected to arrive on Dec. 15 for about 36 million families nationwide - including about 1 million families in Michigan - who are eligible for the early payment of the child tax credi...

The last child tax credit payment in 2021 will be sent on December 15

Jeremy Cook

December 12, 2021

Current Account

It is almost time for the sixth and final batch of monthly child tax credit payments. The first five installments were sent from July to November, while the the last payment is scheduled for December 15 - it's...

IMF predicts Morocco’s economic growth at 6.3% in 2021, around 3% in 2022

Jeremy Cook

December 11, 2021

Current Account

RABAT, Dec. 10 (Reuters) - The Moroccan economy is expected to grow 6.3% in 2021, one of the highest rates in the Middle East and North Africa region, before slowing to around 3%. next year, the International M...

Rising current account deficit pushes government to IMF: Shaukat Tarin – Business

Jeremy Cook

December 9, 2021

Current Account

Published on December 09, 2021 11:28 p.m. Tarin said that for an economic growth rate of 5-6%, income should be 20% of gross domestic product ...

Japan’s current account surplus in October falls 39%, down for third consecutive month

Jeremy Cook

December 8, 2021

Current Account

Ministry of Finance. (Mainichi) TOKYO (Kyodo) - Japan's current account surplus in October fell 39.4% to 1.2 trillion yen ($ 10 billion) from a year earlier, down for the third consecutive month...

Russia reports first cases of Omicron COVID-19 variant – agencies

Jeremy Cook

December 6, 2021

Current Account

FILE PHOTO: A medical specialist treats a patient with coronavirus disease (COVID-19) at a local hospital in the city of Kalach-on-Don in the Volgograd region of Russia on November 14 2021. REUTERS / Kirill B...

Rupee continues to be on slippery ground

Jeremy Cook

December 3, 2021

Current Account

KARACHI: There was no respite from the rupee's decline on Thursday as the currency fell to a new all-time low of Rs176.42 against the US dollar due to a gigantic import bill for November and a widening o...

Against USD: Pakistani rupee posts consecutive gains – Markets

Jeremy Cook

December 1, 2021

Current Account

The Pakistani rupee has posted consecutive gains against the US dollar, appreciating another 0.14% in the interbank market on Wednesday. According to the State Bank of Pakistan (SBP), the PKR closed at 175.48 ...

IMF concludes Article IV consultation in 2021 with Mongolia

Jeremy Cook

November 29, 2021

Current Account

Washington, DC: The Executive Board of the International Monetary Fund (IMF) Concludes Article IV Consultationwith Mongolia.Mongolian economy is recovering from its deepest recession in a decade, despite a pers...

Pakistan’s Recent Policy Steps to Reduce Growing External Risks: Fitch – Markets

Jeremy Cook

November 24, 2021

Current Account

Fitch Ratings said on Wednesday it believed recent Pakistani policy adjustment measures would help reduce growing external risks. Fitch Ratings Inc, a US credit rating agency and one of the 'big three' along w...

Only one active COVID-19 case remains among cops in central Luzon

Jeremy Cook

November 23, 2021

Current Account

OLONGAPO CITY –– Regional Police Office 3 recorded no new cases of COVID-19 among its workforce in the past five days, and its number of active infections fell to just one on Monday, November 22. Data from th...