PAGE DATABASE

 

1- FOREX KERB WATCH

2- STOCK PICKS

 

FOREX KERB WATCH

 

 

 

Comments by OWAIS S. KALIA (Khanani & Kalia)
Updated on  Jan 11,
2002

 

 

 

 

 

 

COMMENTS
: In the open market, the Pak Rupee stood firm against the Green back in most sessions of the week and positive change in its price was recorded on the desks. The rupee since the start of this week, showed no major change in its price. The rupee ended the week showing on a firm note here in the kerb.

RUPEE/US DOLLAR

This Week

Last Week

% Change

Last Year

% Change

58.075

58.125

-.0860

60.95

-4.7169

 

 

 


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. Due to the international market gains, pound moved both ways but the rupee resisted well and was able to recover some grounds on the desks towards the end of the week.

RUPEE/POUND STERLING

This Week

Last Week

% Change

Last Year

% Change

93.50 93.50 0.00 87.90 6.3708

 


COMMENTS: The Euro gave tough competition to the Rupee this week too and touched record highs on the desks. The trading remained influenced by its international market trend but in the kerb too, more buying was witnessed. Individuals showed more interest in buying euro than the green. The rupee lost significant grounds against the currency.

 

 

RUPEE/EURO

This Week

Last Week

% Change

Last Year

% Change

61.30 60.55 1.2386 - -

 


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. There was no major demand from the buyers, which supported the rupee to stand firm for yet another week. The rupee thus ended the week on a positive note here in the kerb.

RUPEE/JAPANESE YEN

This Week

Last Week

% Change

Last Year

% Change

0.4855 0.482 0.7261 0.458 6.0043