BTC to PKR: Conversion rate; March 10, 2025
- 10-Mar-2025
The price of Bitcoin (BTC) was recorded at 23,034,477.49 in Pakistani Rupees (PKR) on Monday, March 10, 2025 (approximately Rs 23.04 million), compared with the rate of PKR 22,497,200.78 at closing on March 09, 2025. In the fourth quarter of the previous year, cryptocurrency exchange Coinbase reported a remarkable financial performance, significantly surpassing market expectations […]
Safe-haven currencies strengthen after Russia adjusts nuclear doctrine
- 19-Nov-2024
Safe-haven currencies saw increased demand on Tuesday, with the US Dollar (USD), the Swiss franc and the yen attracting buyers after Russia updated its nuclear doctrine in response to the escalating conflict with Ukraine. Ukraine used U.S. ATACMS missiles to strike Russian territory for the first time, Moscow said, in an attack regarded by Russia […]
Currency Rates Today International Market- August 6, 2024
- 06-Aug-2024
The Japanese Yen (JPY) steadied on Tuesday, and the US Dollar (USD) climbed against most currencies, as some of the more striking moves of recent days reversed somewhat, and a hint of calm returned to markets. The dollar was last at 144.75 yen, up 0.6% on the day, the first day it has traded higher […]
US Dollar in trouble after proposed BRICS currency?
- 24-Aug-2023
Brazil’s President called on Wednesday for the BRICS nations to create a common currency for trade and investment between each other, as a means of reducing their vulnerability to US dollar exchange rate fluctuations. Luiz Inacio Lula da Silva made the proposal at a BRICS summit in Johannesburg. Officials and economists have pointed out the […]
Strongest Currencies Of the World
- 01-Jun-2023
Pakistani rupee (PKR) has been under pressure since some time seriously losing its ability to pay and has pushed the country towards a profound economic crisis. Though currencies have an acknowledged tendency to fluctuate and remain volatile in their very nature but they also stage recovery either early or after some time. The vital difference […]
The end of King Dollar?
- 25-May-2023
Rivalry with China, fallout from Russia’s war in Ukraine and wrangling once again in Washington over the US debt ceiling have put the US dollar’s status as the world’s dominant currency under fresh scrutiny. Russia’s sanctions-imposed exile from global financial systems last year also fuelled speculation that non-U.S. allies would diversify away from dollars. Below […]
Lebanese protest record-low value of local currency
- 25-Jan-2023
Protesters burned tyres and held up handfuls of local currency bills on Wednesday at the entrance of the Lebanese central bank in Beirut, furious over the spiralling devaluation of the lira. Lebanon’s economic meltdown, which began in 2019, has cost the lira around 97% of its value. The decline has been particularly steep in January, […]
Pound Sterling: A history of UK currency crises and crashes
- 26-Sep-2022
Britain’s pound plunged to an all-time low early on Monday as international investors reacted to plans laid out by the country’s new prime minister and finance minister to slash taxes and ramp up spending to cushion soaring energy prices. The currency fell as low $1.0327 at one point. read more It has fallen almost 8% […]
British pound falls to 37-year low
- 16-Sep-2022
British pound marked the 30th anniversary of “Black Wednesday” by falling to a fresh 37-year low against the US dollar on Friday, and a 19-month trough against the euro, after weaker-than-expected retail sales figures reinforced fears about Britain’s economy. The pound fell more than 1% against the dollar to $1.1351, its lowest since 1985, and […]
Indian companies swapping US dollar for Asian currencies to buy Russian coal
- 10-Aug-2022
Indian companies are using Asian currencies more often to pay for Russian coal imports, according to customs documents and industry sources, avoiding the US dollar and cutting the risk of breaching Western sanctions against Moscow. Reuters previously reported on a large Indian coal deal involving the Chinese yuan, but the customs data underline how non-dollar […]