US Dollar Ranks Last In World’s 10 Strongest Currency List. India At…
The strength of a currency is not just about exchange rates, it is a reflection of a country’s policies. Currency is considered the lifeblood of global trade and reflects a…
US dollar continue to decrease against PKR
The United States dollar continued the trend of minor decreases against the Pakistani Rupee on Thursday. The US dollar decline by Rs0.12 to fall to Rs281 in the interbank market.…
NewEdge Wealth sees record rush intensifying
The record gold rush may intensify into year-end. According to NewEdge Wealth’s Ben Emons, the final month of the year typically creates a bigger appetite for the yellow metal. “It’s…
Cautious investors may want to look beyond high-yield savings accounts
Cautious investors piling into cash may want to consider other options. According to SPDR Exchange Traded Funds’ Matthew Bartolini, active management can also provide them with stability and income while…
Rick Rieder says investors ‘underestimate’ active fixed income ETFs
BlackRock Chief Investment Officer of Fixed Income Rick Rieder said investors underestimate actively managed fixed income exchange-traded funds. He told CNBC’s “ETF Edge” this week that one of his firm’s…
20% stock market plunge ahead, recession
JPMorgan’s Marko Kolanovic is bracing for a 20% sell-off to hit the S&P 500. According to the Institutional Investor hall-of-famer, high interest rates are creating a breaking point for stocks…
PKR extends gains against US dollar in interbank and open market
The Pakistani rupee maintained its momentum against the US dollar, appreciating another 0.6% during trading in the inter-bank market. Rupee continued its appreciation run against the US dollar in the…
Substituting cryptocurrency for gold exposure may be a costly mistake
Viewing cryptocurrency as “digital gold” may be a mistake. State Street Global Advisors’ George Milling-Stanley, whose firm runs the world’s largest gold exchange-traded fund, believes cryptocurrency is no substitute for…
Rupee Slips 9 Paise To 82.05 Against US Dollar Amid Geopolitical Worries
The rupee closed at the day’s low level of 82.05. (Representational) Mumbai: The rupee declined by 9 paise to close at 82.04 (provisional) against the US dollar on Monday amid…
Rupee Rises 8 Paise To Rs 81.70 Against US Dollar
Rupee gained 8 paise to 81.70 against the US dollar. Mumbai: The rupee gained 8 paise to 81.70 against the US dollar in early trade on Monday tracking the weakness…