PAGE DATABASE

 

1- FOREX KERB WATCH

2- STOCK PICKS

 

FOREX KERB WATCH

 

 

 

Comments by OWAIS S. KALIA (Khanani & Kalia)
Updated on  Dec 21,
2002

 

 

 

COMMENTS: In the open market, the trading drift between Rupee and the US Dollar was not much dissimilar from last week and no major change was recorded inthe value of the rupee this week too. The market showed normal momentum and routine buying and selling of the Green back was seen on the desks. However, in some sessions, a slight fall inthe value of the rupee was recorded.

RUPEE/US DOLLAR

This Week

Last Week

% Change

Last Year

% Change

58.30

58.095

0.3528

60.70

-3.9538

 


COMMENTS: The Rupee remained firm against the Pound and no major change inthe value of the national currency was recorded throughout the week. The trading trend remained normal and no active participationof the buyers and sellers in the market kept the turnover of the currency at normal ebb and no significant change inthe value of the two currencies was recorded.

RUPEE/POUND STERLING

This Week

Last Week

% Change

Last Year

% Change

93.10 90.65 2.7027 87.90 6.0364

 


COMMENTS: Against the Euro as well, the Rupee stood firm except the routine rise and falls in its price. However, euro remained strong in the international market and its effect was also seen here in the kerb as well. The fall in the value of the rupee however remained under control and the week ended giving the rupee a firm position against euro on the desks.

RUPEE/EURO

This Week

Last Week

% Change

Last Year

% Change

59.65 57.90 3.0224 - -

 


COMMENTS: The Yen showed no major gain or loss against he Pak Rupee in the trading this week too and thus remained unchanged for here in the kerb. The trading price more or less remained the same throughout the week except the routine ups and downs that are apart of the routine trading trend.

RUPEE/JAPANESE YEN

This Week

Last Week

% Change

Last Year

% Change

0.480 0.4735 1.3727 0.4765 .7345