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Yen sinks to 39-year low of 162 against dollar amid US rate concerns

Currency weakens to level last seen in 1986, while risk of intervention limits further losses The Japanese yen on Monday weakened to a nearly 39-year low against the United States dollar, pressured by expectations that US interest rates could remain elevated, while investors remained cautious over possible intervention by Japanese authorities. The dollar briefly rose … Read more

Israel preparing settlement plan targeting 100 sites in West Bank

Israeli settler groups prepared a plan to seize 100 strategic locations in the Palestinian Authority-administered Area A of the occupied West Bank, according to a media report on Tuesday. The Israel Hayom newspaper reported that the plan, prepared by the Settler Farms Association and the Havat (Farms) Forum, aims to fundamentally reshape the map of … Read more

SBP repays $1.3b in external debt

[ KARACHI: The State Bank of Pakistan’s (SBP) foreign exchange reserves decreased by $1.305 billion and reached $15.916 billion during the week ended June 19, 2026. The decline was mainly due to external debt repayments. In the following days, however, the government received fresh inflows that are expected to significantly strengthen the central bank’s reserves … Read more