Comments by OWAIS S.
KALIA (Khanani & Kalia)
Updated on Dec
08,
2001
Comments:
A further fall in the Rupee Dollar parity was witnessed in the trading
as the Rupee showed more recovery against the Green back this week
here in the kerb. The trading sessions remained thin this week too and
the Green was not demanded which was well supported by the existing
supply of the currency in the market. The Rupee thus ended the week
with a firm note.
RUPEE/US DOLLAR |
This Week |
Last Week |
% Change |
Last Year |
% Change |
|
60.575
|
61.15
|
-.9403
|
60.745
|
-.2811
|
Comments:
The Rupee resisted against the Pound Sterling with full swings and
showed a firm footing against the currency throughout the week. The
less than normal demand of the Pound accompanied with its low profile
of trading against the US Dollar hurt the currency and thus ended the
week showing a loss at close of the markets here in the kerb.
RUPEE/POUND STERLING |
This Week |
Last Week |
% Change |
Last Year |
% Change |
| 87.10 |
87.35 |
-.2862 |
87.7 |
-.6841 |
Comments:
In the open market, the Rupee crossed the German Mark this week too
as more gain in the value of the currency was witnessed in the
sessions. The Rupee remained strong against the Mark for the whole
week and thus closed the markets showing a rise in its prices as
compared to the last week's trading score.
RUPEE/DEUTSCHE
MARK |
This Week |
Last Week |
% Change |
Last Year |
% Change |
| 27.70 |
28.05
|
-1.2477 |
27.7 |
00.00 |
Comments:
In the open market, Yen also
showed less demand as an overall slowdown in the trading made the
currency to dip against the Rupee this week. In the international
market, the US Dollar showed active gains against the Yen as the
investors sold Yen against Dollar as a move to support the currency.
RUPEE/JAPANESE YEN |
This
Week |
Last Week |
% Change |
Last Year |
% Change |
| .4845 |
.496 |
-2.116 |
.547 |
-13.6761 |
