Rupee falls to fresh low of 178.17 against US dollar on December 28, 2021Pakistani rupee set another low of 178.17 against the US dollar on Monday, the 12th lowest level set in December. According to the State Bank of Pakistan, the dollar opened at Rs178.13 in the interbank market and closed at Rs178.17 (-0.02). Within the open market, the rupee was traded at 178.30/179.30 per dollar. Overall, the […]
Bitcoin reaches $50,728 as cryptos snap losing streak on December 28, 2021The cryptocurrency market ended a two-day bearish trend on Monday, with market capitalisation jumping 2 percent to reach $2.52 trillion. As of 1230 hours GMT, the largest cryptocurrency Bitcoin’s price went up by 1.92 percent to $50,728. With this increase in price, the market capitalisation of the biggest crypto has reached $959 billion. Ether, the […]
Bitcoin falls below $50,000 mark as cryptos turn bearish on December 27, 2021The cryptocurrency market turned bearish on Sunday, with market capitalisation going 0.3 percent down to reach $2.48 trillion. As of 1300 hours GMT, the largest cryptocurrency Bitcoin’s price went down by 1.85 percent to $49,930. With this decrease in price, the market capitalisation of the biggest crypto has reached $944 billion. Ether, the world’s second-largest […]
Rupee sheds one paisa to reach 178.13 against US dollar on December 25, 2021Pakistani rupee edged slightly lower against the US dollar on Friday and shed the minimum possible amount i.e. one paisa. According to the State Bank of Pakistan, the dollar opened at Rs178.12 in the interbank market and closed at Rs178.13 (-0.01). Within the open market, the rupee was traded at 178.20/179 per dollar. Overall, the […]
Bitcoin nears $51,000 mark as bulls return to crypto market on December 25, 2021The cryptocurrency market turned bullish on Friday, with market capitalisation jumping 5.3 percent to reach $2.53 trillion. As of 1200 hours GMT, the largest cryptocurrency Bitcoin’s price went up by 5.28 percent to $50,992. With this increase in price, the market capitalisation of the biggest crypto has reached $964 billion. Ether, the world’s second-largest cryptocurrency […]
Bitcoin remains flat at $48,675 despite positive market on December 23, 2021The cryptocurrency remained positive for the second day on Wednesday, with market capitalisation gaining 1.4 percent to reach $2.42 trillion. However, the rally was not seen in the top two cryptocurrencies, while prices of others in the top ten positions made decent gains as of 1315 hours GMT. The largest cryptocurrency Bitcoin’s price remained almost […]
Bitcoin jumps to $49,322 as crypto market cap surges 6.1pc on December 22, 2021The cryptocurrencies bounced back on Tuesday, with market capitalisation gaining 6.1 percent to reach $2.4 trillion. As of 1250 hours GMT, the largest cryptocurrency Bitcoin price jumped by 7.60 percent to $49,322. With this increase in price, the market capitalisation of the biggest crypto has reached $932 billion. Ether, the world’s second-largest cryptocurrency by market […]
Gold price slips to Rs102,900 per 10g on December 22, 2021Gold prices edged up on Tuesday as the US Treasury yields stabilised at higher levels, aiding the yellow metal’s upside. Gold in the international market was available at $1,799.70 per ounce after gaining $7.40 at 1330 hours GMT. The price of 10 grams of yellow metal in Pakistan, meanwhile, slipped to Rs102,900 after losing Rs100. […]
Bitcoin crosses $48,000 mark as cryptos’ prices surge on December 20, 2021The cryptocurrencies prices surged on Sunday, with market capitalisation gaining one percent to reach $2.33 trillion as of 1410 hours GMT. The largest cryptocurrency Bitcoin price went up by 2.87 percent to $48,043. With this increase in price, the market capitalisation of the biggest crypto has reached $908 billion. Ether, the world’s second-largest cryptocurrency by […]
Gold snaps four-week losing streak with 0.87pc gains on December 20, 2021Snapping a four-week losing streak with 0.87pc surge on a week-on-week basis in the international market, gold’s outlook seems bullish. The price of 10 grams gold in Pakistan increased from Rs102,000 to Rs103,000 during the last week, up 0.98 percent. The relatively higher appreciation in local gold price was mainly due to the rupee’s depreciation […]