PAGE DATABASE

 

1- FOREX KERB WATCH

2- STOCK PICKS

 

FOREX KERB WATCH

 

 

 

Comments by OWAIS S. KALIA (Khanani & Kalia)
Updated on  Dec 28,
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. The rupee at the start of the week lost some grounds but later on made smart come back and not only recovered the lost grounds but showed active gains otherwise as well. The national currency showed a gain of 0.15 paisa as compared to last week trading score.

RUPEE/US DOLLAR

This Week

Last Week

% Change

Last Year

% Change

58.145

58.30

-.2658

61.10

-4.8363

 


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 against the pound.

RUPEE/POUND STERLING

This Week

Last Week

% Change

Last Year

% Change

93.00 93.10 .1074 88.10 5.5618

 


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 and euro crosses Rs. 60 mark for the first time in the last few months.

RUPEE/EURO

This Week

Last Week

% Change

Last Year

% Change

60.50 59.65 1.4249 - -

 


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

0.482 0.480 .4166 0.4645 3.7674