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. The
Rupee showed mild losses in the first two days after Eid since there was
rise in the demand of the currency after three days break in the market.
Overall, no major activity in the market was recorded in the later
stages that supported the Rupee to maintain the stable trend that it is
holding for the last many weeks.
RUPEE/US DOLLAR |
This Week |
Last Week |
% Change |
Last Year |
% Change |
|
58.095 |
- |
- |
60.70 |
-4.2915 |
COMMENTS: The trading
trend between the Rupee and the Pound remained on a normal note and
slight fluctuation in the values of the currencies according to the
market conditions were witnessed here in the kerb. The Rupee in most of
the sessions remained firm and major loss in its price was not recorded
on the desks. The Rupee overall ended the week with a firm note.
RUPEE/POUND STERLING |
This Week |
Last Week |
% Change |
Last Year |
% Change |
| 90.65 |
- |
- |
87.90 |
3.1285 |
COMMENTS:
The Euro gave
tough competition to the Rupee this week trading under its international
market trend. The Euro remained strong in the international market and
showed its impact in the kerb too. The Rupee lost significant grounds
against the currency. The Rupee lost grounds in the opening especially
and was able to recover the same towards the end.
RUPEE/EURO |
This Week |
Last Week |
% Change |
Last Year |
% Change |
| 57.90 |
- |
- |
- |
- |
COMMENTS:
The Rupee
remained firm against Yen this week too and much change in its price at
the end of the week was not recorded here in the kerb. There was no
major demand from the buyers, which supported the Rupee to stand firm
for yet another week, and thus the Rupee ended the week on a positive
note here in the kerb.
RUPEE/JAPANESE YEN |
This
Week |
Last Week |
% Change |
Last Year |
% Change |
|
0.4735 |
- |
- |
0.4765 |
-.6295 |
|