Comments by OWAIS S.
KALIA (Khanani & Kalia)
Updated on July 21,
2001
Comments:
The rupee in the open market this week remained stiff against the
Green back and in most of the sessions showed an upper hand against
the green.The national currency ended the week's trading with a
positive note. As the market sentiment remained in its favor a mid
easy supply of the green back in the market ample to meet the
requirements of the currency from the individulas and corporate
circle. The Rupee ended the week showing a gain in its value against
the US Dollar.
RUPEE/US DOLLAR |
This Week |
Last Week |
% Change |
Last Year |
% Change |
|
67.675
|
67.5
|
.2592
|
55.76
|
21.3683
|
Comments:
In the open market, the rupee trading with a sluggish trend as for
most of the time the sterling demonstrated a rise in its value against
the national currency. The rupee ended the week showing a loss in its
value against the pound as compared to the last weeks trading score.
RUPEE/POUND STERLING |
This Week |
Last Week |
% Change |
Last Year |
% Change |
| 96.1 |
94.6 |
1.5856 |
83.8 |
14.677 |
Comments: The german markets
showed strength against the pak rupee this week since the euro in
the international market traded in tight range and also showed gains
and thus the german mark remained under the same influence and ended
the week with a firm note against the pak rupee.
RUPEE/DEUTSCHE
MARK |
This Week |
Last Week |
% Change |
Last Year |
% Change |
| 30 |
29.45
|
1.8675 |
26.325 |
13.9601 |
Comments: In
the domestic market,Yen showed improvement in its value agaianst the
rupee this week. In the international market, yen ended the week
showing 8-month highs against the greenback a mid to speculation the
group of eight industrialized nations may signal this weekend they'
re willing to halt the currency' s advance.
RUPEE/JAPANESE YEN |
This
Week |
Last Week |
% Change |
Last Year |
% Change |
| .544 |
.535 |
1.6822 |
.505 |
7.722 |
