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Indian cenbank likely sold dollars after rupee slipped

The Indian central bank likely sold US dollars to cap further deprecation in the rupee after the currency hit a fresh record low on...

SHC issues notices on plea against Dow charging fee in dollars

The Sindh High Court (SHC) Monday issued notices to authorities concerned on a petition against the Dow Medical College (DMC) for charging annual fees...

SCO Summit: Iran calls for removal of dollars in transactions

NEW DELHI: Iran’s President Ebrahim Raisi on Tuesday called for the removal of the dollar in transactions to form a fair international system, saying...

Almost $70m dollars being smuggled to Afghanistan monthly: report

ISLAMABAD: Almost $60 to $70 million dollars was being smuggled from Pakistan to Afghanistan on a monthly basis, ARY News reported on Wednesday, quoting...

FBR sets new restrictions for passengers due to dollars shortage

ISLAMABAD: The Federal Board of Revenue (FBR) has set new restrictions for passengers due to the dollars shortage in the country. According to the notification...

India sells dollars as rupee hits record low

The Reserve Bank of India likely sold dollars via state-run banks on Friday after the rupee slid below 82 to a record low against...

Google deposits around $250,000 in security expert’s account

Search engine Google announced it deposited around $250,000 into the bank account of a cyber security professional by mistake. Watch ARY News live on live.arynews.tv According to a...

Shujaat’s son sought dollars from Asif Zardari, claims Chaudhry Wajahat

GUJRAT: Former federal minister Chaudhry Wajahat Hussain has claimed that the sons of PML-Q chief Chaudhry Shujaat Hussain have sought dollars from Pakistan Peoples...

Disappearing dollars drive currency trading dependence

As dollars dry up, global finance is growing increasingly dependent on opaque currency trading to keep cash flowing

Hoarding of dollars amid economic crisis not permissible: Mufti Naeem

People should sell dollars to help the country get out of economic crisis, Mufti Naeem said.

Hoarding dollars at this time is grave ‘sin’: Mufti Taqi Usmani

As per some narrations of a Hadith, those involved in hoarding dollars are cursed by Allah.

FIA arrests three Hawala agents, recovers dollars worth Rs420mn

Director FIA Sindh Sultan Khawaja said money was sent abroad through Hawala and Hundi.

It’s Rs 122 now – Dollar falls by Rs5 against Pakistani rupee

KARACHI: Pakistani rupee on Monday surged by 4.3 percent to 122.5 per dollar on Monday, following domestic media reports over the weekend that China...

Pakistan wants recognition of sacrifices, not dollars, says minister

WASHINGTON: Interior Minister Ahsan Iqbal says Pakistan does not want any security aid, but recognition of the sacrifices it has made in the fight...

Saudi Arabia may seek funding in Chinese yuan

JEDDAH: Saudi Arabia is willing to consider funding itself partly in Chinese yuan, a senior Saudi official said on Thursday, raising the possibility of...

Banks paid $321 billion in fines since financial crisis: BCG

BOSTON: Banks across the world have paid about $321 billion in fines since the 2007-2008 financial crisis as regulators stepped up scrutiny, according to...

SBP directs banks, exchange companies to accept all dollar notes

KARACHI: State Bank of Pakistan (SBP) has instructed money exchange companies and banks to accept all kinds of dollar notes, citing sources ARY News...

Banks, money changers refuse to accept old design US dollars notes

KARACHI: Many people across the country face an uncertain situation as banks and money changers have refused to accept the old-design United States dollar...

Designers come out for Apple in patent fight with Samsung

NEW YORK: Apple Inc deserved the hundreds of millions of dollars in damages Samsung Electronics Co Ltd paid for infringing patented designs of the iPhone, because the product's distinctive look drives people to purchase it, a group of design industry professionals told the U.S. Supreme Court on Thursday.

Offshore saga: FBR probes transfer of over $4bn to India

ISLAMABAD: The Federal Board of Revenue (FBR) has kicked off investigations into the transfer of over four billion dollars to India from Pakistan in the name of offshore companies, ARY News reported.

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