PAGE DATABASE

 

FOREX KERB WATCH

 

Comments by OWAIS S. KALIA (Khanani & Kalia)
Updated on  Oct 05, 2002

 

 

Comments: In the open market, the Rupee did not show any major change in its price with respect to last weeks trading score as the market comparatively remained static and no major activity therefore was recorded throughout. The Rupee throughout the week traded at Rs.59.10 showing a gain of 0.10 Paisa as compared to last week.
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RUPEE/US DOLLAR

This Week

Last Week

% Change

Last Year

% Change

59.145

59.075

.1184

63.95

-7.5136

 

Comments: In the open market, the Rupee and Pound remained firm against each other and throughout the week, significant rise and fall was not recorded except the routine fluctuations. The firm trading behaviour of the Pound in the international market showed its trend in the local markets too and thus the current week ended without showing any major change.

RUPEE/POUND STERLING

This Week

Last Week

% Change

Last Year

% Change
92.45 92.25 .2568 94.15 -1.8056

 

Comments: The Rupee remained strong against the German Mark this week too. The trading turnover remained normal in the sessions. The demand of the Mark was less than its supply thus giving an edge to the national currency in the form of mere gains. The Euro also remained dim in the trading sessions and no major change was recorded in its price.

RUPEE/DEUTSCHE MARK

This Week

Last Week

% Change

Last Year

% Change
29.30 29.40 -.3401 29.80 -1.6778

 

Comments: In the open market no change in the price of the Rupee against Yen was recorded throughout the week. The currency stood motionless in most of the sessions for the reason that no big demand came in the market due to slow trading activities from the buyers.

RUPEE/JAPANESE YEN

This Week

Last Week

% Change

Last Year

% Change
0.4785 0.48 -.3125 0.523 -8.5086