Comments by OWAIS S.
KALIA (Khanani & Kalia)
Updated on Jan
26, 2002
Comments:
In the open market, the Pak Rupee stood firm against the Green back
throughout the week and no major change in its price was recorded on
the desks. There was no major activity in the market that supported
the Rupee to maintain the stable trend that it is holding for the last
two weeks.
RUPEE/US DOLLAR |
This Week |
Last Week |
% Change |
Last Year |
% Change |
|
60.775
|
60.85
|
-.1232
|
61.725
|
-1.5390
|
Comments:
The trading trend between the Rupee and the Pound remained on a high
note and the national currency showed significant gains in its price
against the Pound here in the kerb. The Rupee in most of the sessions
remained strong and a major gain of Rs. 1/25 in its price was recorded
on the desks.
RUPEE/POUND STERLING |
This Week |
Last Week |
% Change |
Last Year |
% Change |
| 86.20 |
87.50 |
-1.4857 |
90.40 |
-4.6460 |
Comments:
As it was expected, the introduction of Euro currency physically in
the market has not made any major change in the trading trend of the
linked currencies this week too. The German Mark traded at more or
less the price as it was trading last week. Only a slight difference
was recorded.
RUPEE/DEUTSCHE
MARK |
This Week |
Last Week |
% Change |
Last Year |
% Change |
| 27.05 |
27.50
|
-1.6363 |
29.50 |
-8.3050 |
Comments:
The Rupee remained strong
against the Yen this week too as the currency was demanded less than
normal by the business individuals too. The trading turnover
remained less than normal this week too and thus the Rupee
maintained its stability in its price against Yen.
RUPEE/JAPANESE YEN |
This
Week |
Last Week |
% Change |
Last Year |
% Change |
| .45 |
.4575 |
-1.6393 |
.5245 |
-14.2040 |
