US dollar – Page 2 – BOL News Staging

Host of issues hurting rupee stability

January 30, 2022 by Muhammad Zubair

KARACHI: High dollar demand for external payments, depleting foreign exchange reserves and the rising oil prices in the international market are likely to keep the Pakistani rupee under pressure, experts said. However, they brushed off speculation that the rupee may fall to 200 against the dollar. “The Federal Board of Revenue (FBR) had issued notices … Read more

Pakistan’s Sukuk offering gets Moody’s positive rating

January 23, 2022 by Muhammad Zubair

KARACHI: Moody’s has assigned a B3 rating to the proposed US dollar-denominated trust certificates (Sukuk) issuance by the government of Pakistan, a statement said. The Sukuk will be issued through the Pakistan Global Sukuk Programme Company Limited, a special purpose vehicle, which is wholly-owned by the government and whose debt and trust certificate issuances are, … Read more

Upcoming monetary policy to set PSX tone

January 23, 2022 by Muhammad Zubair

KARACHI: The Pakistan stocks dropped 1.62 per cent during the week ended January 21, 2022, amid rising Covid infections and uncertainty over the upcoming monetary policy. “Going forward, we expect the market direction to take a cue from the upcoming monetary policy announcement coupled with the IMF board meeting,” an analyst at Pearl Securities said. … Read more

Value of Afghanistan’s currency climbs

December 16, 2021 by Muhammad Zubair

KABUL: The US dollar has depreciated against afghani, Afghanistan’s national currency, from 130 afghani days ago to 95 afghani on Thursday, the government-run Bakhtar News Agency reported. Officials of Sara-i-Shahzada, the largest money changers market in Afghanistan, was quoted by the news agency as saying that the value of one US dollar has dropped from … Read more

Fitch hits Turkish banks with rating cuts as new finance minister takes reigns

December 14, 2021 by Muhammad Zubair

Fitch Ratings has downgraded the outlooks of more than 20 Turkish banks just weeks after Ankara appointed a new finance minister, Arab News reported. Nureddin Nebati was appointed treasury and finance minister on December 2 by President Erdogan and has taken the reigns of an ailing economy marred by a tanking currency. Fitch said on Friday: “The … Read more

US Dollar Slightly increases against Pakistan Rupee on December 10, 2021

December 10, 2021 by Muhammad Noman

KARACHI: The average customer rates of buying and selling of US dollar (USD) against Pakistani rupee (PKR) are Rs176.88 and Rs177.71 at 05:30 pm PST on December 10, 2021. According to SBP, The US Dollar rate was Rs.176.61 against Pakistani Rupee (PKR) on Thursday (9 December 2021) and has increased by Rs. 0.10 bringing the … Read more

Cryptocurrencies tumble on Covid-19 variant; virtual land sells for $2.5 million

November 27, 2021 by Muhammad Zubair

Bitcoin led a rout in cryptocurrencies on Friday as investors fled assets considered riskier, including stocks and commodities, and headed for the refuge of government bonds, the Japanese yen and the US dollar, Arab News reported. Concerns over a new Covid-19 variant that may evade vaccines and spread more quickly than previous mutations were seen as responsible … Read more

IMF urges El Salvador against using Bitcoin as official currency

November 23, 2021 by Muhammad Zubair

SAN SALVADOR: The International Monetary Fund (IMF) on Monday warned El Salvador against using Bitcoin as an official tender given the risks associated with the cryptocurrency, a day after the country announced plans for the world’s first “Bitcoin City”. El Salvador, which has used the US dollar for two decades, became the first country in the … Read more

El Salvador to issue $1 billion Bitcoin bonds

November 22, 2021 by Muhammad Zubair

El Salvador plans to issue the world’s first sovereign $1 billion US dollar denominated 10-year Bitcoin bonds on the Liquid Network, Bloomberg reported, citing the chief strategy officer of Blockstream. The so-called “volcano bond” is to be equally split between an allocation in Bitcoin and Bitcoin mining infrastructure powered by geothermal energy in the region, Samson Mon … Read more

SBP took action on the rising value of the dollar

September 16, 2021 by Syed Ahad

When the SBP took action on the rising value of the dollar, the value of the dollar fell sharply in the interbank market. According to the details, the SBP took action on the rising value of the US dollar. After the intervention of the central bank, the dollar fell by Rs 1.52 paise in the … Read more

When compared to Bitcoin, the price of Ethereum breaks $3,500

September 2, 2021 by Syed Ahad

On Wednesday, Ether (ETH), Ethereum’s native asset, extended its rise to multi-month highs against Bitcoin (BTC) and the US dollar.

Cryptocurrency touches its top levels compared to Bitcoin and the dollar in more than three months.

The ETH/BTC exchange rate rose 3.13% to hit 0.07475 for the first time since June 9. In the meantime, bids for ETH/USD scaled 3.4% to $3,546, the uppermost since May 18, showcasing a transformed benefit gush in the second-largest cryptocurrency market after it consolidated oblique for more than 3 weeks.

Ether’s price jump seemed in spite of a trembling price behavior across the cryptocurrency market. For example, Bitcoin prices continued to trap around $47,000 while judging a pure escape move above their psychological resistance level of $50,000.

Likewise, one of Ether’s highest rivals, Cardano (ADA), also consolidated indirectly following its 100%-plus price rally in August, although its market supremacy chops from 4.54% between Aug. 8 to 4.26% at the period of writing.

[embedpost slug=”central-bank-of-iran-cbi-will-issue-national-cyrpto”]

Facebook plans to merge its Novi Wallet with the Diem Stablecoin

August 25, 2021 by Syed Ahad

Facebook intends to use its Novi wallet to assist users interested in entering the NFT market.

Head of Facebook Financial, David Marcus, developer of the Novi wallet stated that Facebook is watching at ways to get into the NFT space.

By considering the present trend of Non-Fungible tokens, Marcus believes that Facebook is in a great position to take benefit of it. He stated that Novi Digital is “ready now”, but that they are waiting to launch in tandem with the Facebook-backed Diem digital currency.

The project is ditched due to pressure from regulators and lawmakers.

The Diem is a stablecoin backed by the US dollar that is expected to be released later this year. Regulators are still closely monitoring it, as they were with Libra.

Perhaps in order to appease these regulators, the Diem organization did publicize that it was complete to extract the Diem stablecoin after a digital dollar, in the form of a CBDC (Central Bank Digital Currency) was moved out.

[embedpost slug=”blockchain-of-pakistan-startup-increased-by-38-million”]

Rupee gains 24 paisas against dollar

August 5, 2021 by Web Desk

KARACHI: The rupee gained 24 paisas against the dollar on Thursday due to the improved inflows of export receipts and workers remittances, dealers said. The exchange rate ended at Rs163.23 against the dollar from the previous day’s closing of Rs163.47 in the interbank foreign exchange market. The dealers said sufficient supply of the dollars in … Read more

Pakistani Rupee Hits Nine and Half Months Low Against US Dollar

August 3, 2021 by Muzzammil Mehboob

The Pakistani Rupee (PKR) continues to deteriorate against the US dollar (USD) in the interbank currency market. Today, the Pakistani Rupee deteriorated by Rs1.24, which is the lowest in nine and a half months. PKR closed at Rs163.67 on August 2 against USD as compared to Rs162.43 on July 30. This marks the lowest value … Read more

Rupee strengthens against dollar

July 26, 2021July 26, 2021 by Web Desk

KARACHI: The rupee recovered 1.09 against the dollar on Monday, owing to the record foreign exchange reserves of the country and an expectation of lower demand for import payments, dealers said. The exchange rate ended at Rs161.23 against the dollar from last Friday’s closing of Rs162.32 in the interbank foreign exchange market. The currency dealers … Read more

Rupee hits 9-month low of 161.48 against dollar

October 18, 2021July 19, 2021 by Web Desk

KARACHI: The rupee fell to a nine-month low of 161.48 against the dollar on Monday, owing to higher demand for import payments, amid the upcoming Eid holidays. Previously, the exchange rate was seen at Rs161.37 to the dollar on October 23, 2020. The local currency fell Rs1.54 to the dollar from last Friday’s closing of … Read more

USD TO GBP: Today 1 Dollar rate in British Pound on, 9th July 2021

July 9, 2021 by Web Desk

Today’s USD To GBP rate is 1 USD= GBP 0.72 You can check the updated USD TO GBP (British Pounds) here. Today US Dollar Price in UK Pound Today USD TO GBP Rate Here is an updated list of Dollar to British Pound Exchange Rate (Updated 9th July 2021) USD GBP 1.00 USD 0.72 GBP … Read more

USD TO QAR: Today 1 Dollar rate in Qatari Riyal on, 9th July 2021

July 9, 2021 by Web Desk

Today (USD TO QAR) exchange rate – See the recent USD TO QAR currency chart as per Qatari Open Market. USD TO QAR – The US dollar is recognized worldwide as an important currency. Here is the updated US Dollar Price in Qatar (Updated, 9th July 2020) Convert US Dollar to Qatari Riyal USD QAR … Read more

USD to AED: Today 1 Dollar rate in UAE Dirham, 9th July 2021

July 9, 2021 by Web Desk

Today USD TO AED Exchange Rate – The exchange of different currencies such as Dollar to AED is a common practice in these countries. US Dollar Rate In UAE Dirham Check the updated list of USD to UAE Dirham Exchange Rates (Updated 9th July 2021) USD AED 1 USD 3.6795 AED 5 USD … Read more

USD TO GBP: Today 1 Dollar rate in British Pound on, 7th July 2021

July 7, 2021 by Web Desk

Today’s USD To GBP rate is 1 USD= GBP 0.72 You can check the updated USD TO GBP (British Pounds) here. Today US Dollar Price in UK Pound Today USD TO GBP Rate Here is an updated list of Dollar to British Pound Exchange Rate (Updated 7th July 2021) USD GBP 1.00 USD 0.72 GBP … Read more

USD TO QAR: Today 1 Dollar rate in Qatari Riyal on, 7th July 2021

July 7, 2021 by Web Desk

Today (USD TO QAR) exchange rate – See the recent USD TO QAR currency chart as per Qatari Open Market. USD TO QAR – The US dollar is recognized worldwide as an important currency. Here is the updated US Dollar Price in Qatar (Updated, 7th July 2020) Convert US Dollar to Qatari Riyal USD QAR … Read more

USD to AED: Today 1 Dollar rate in UAE Dirham, 7th July 2021

July 7, 2021 by Web Desk

Today USD TO AED Exchange Rate – The exchange of different currencies such as Dollar to AED is a common practice in these countries. US Dollar Rate In UAE Dirham Check the updated list of USD to UAE Dirham Exchange Rates (Updated 7th July 2021) USD AED 1 USD 3.6750 AED 5 USD … Read more

Dollar to British Pound: Today 1 US Dollar rate in British Pound on, 6th July 2021

July 6, 2021 by Web Desk

Today’s USD To GBP rate is 1 USD= GBP 0.71 You can check the updated USD TO GBP (British Pounds) here. Today US Dollar Price in UK Pound Today USD TO GBP Rate Here is an updated list of Dollar to British Pound Exchange Rate (Updated 6th July 2021) USD GBP 1.00 USD 0.71 GBP … Read more

Dollar to QAR: Today 1 Dollar price in Qatari Riyal on, 6th July 2021

July 6, 2021 by Web Desk

Today (USD TO QAR) exchange rate – See the recent USD TO QAR currency chart as per Qatari Open Market. USD TO QAR – The US dollar is recognized worldwide as an important currency. Here is the updated US Dollar Price in Qatar (Updated, 6th July 2020) Convert US Dollar to Qatari Riyal USD QAR … Read more

Dollar to UAE Dirham: Today 1 Dollar price in UAE Dirham, 6th July 2021

July 6, 2021 by Web Desk

AED TO PKR: Today's 1 Uae Dirham to PKR, 1st June 2020

Today USD TO AED Exchange Rate – The exchange of different currencies such as Dollar to AED is a common practice in these countries. US Dollar Rate In UAE Dirham Check the updated list of USD to UAE Dirham Exchange Rates (Updated 6th July 2021) USD AED 1 USD 3.6786 AED 5 USD 18.393 AED … Read more

USD TO QAR: Today 1 Dollar rate in Qatari Riyal on, 5th July 2021

July 5, 2021 by Web Desk

Today (USD TO QAR) exchange rate – See the recent USD TO QAR currency chart as per Qatari Open Market. USD TO QAR – The US dollar is recognized worldwide as an important currency. Here is the updated US Dollar Price in Qatar (Updated, 5th July 2020) Convert US Dollar to Qatari Riyal USD QAR … Read more

USD TO GBP: Today 1 Dollar rate in British Pound on, 1st July 2021

July 2, 2021 by Web Desk

Today’s USD To GBP rate is 1 USD= GBP 0.72 You can check the updated USD TO GBP (British Pounds) here. Today US Dollar Price in UK Pound Today USD TO GBP Rate Here is an updated list of Dollar to British Pound Exchange Rate (Updated 1st July 2021) USD GBP 1.00 USD 0.72 GBP … Read more

USD TO QAR: Today 1 Dollar rate in Qatari Riyal on, 2nd July 2021

July 2, 2021 by Web Desk

Today (USD TO QAR) exchange rate – See the recent USD TO QAR currency chart as per Qatari Open Market. USD TO QAR – The US dollar is recognized worldwide as an important currency. Here is the updated US Dollar Price in Qatar (Updated, 2nd July 2020) Convert US Dollar to Qatari Riyal USD QAR … Read more

Menu

Latest

Entertainment

Lifestyle