PAGE DATABASE

 

1- FOREX KERB WATCH

2- STOCK PICKS

 

FOREX KERB WATCH

 

 

 

Comments by OWAIS S. KALIA (Khanani & Kalia)
Updated on  Feb 22,
2003

 

 

 

 

 

COMMENTS: In the open market, the Pak Rupee stood firm against the Greenback throughout the week and no major change in its price was recorded on the desks. The rupee showed mild losses in the sessions this week mainly due to a rise in the inter bank price of the US dollar. Overall no major activity in the market was recorded 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

57.925

57.725

.3464

60.02

-3.4905

 


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 change in its price was not recorded on the desks.

RUPEE/POUND STERLING

This Week

Last Week

% Change

Last Year

% Change

91.7 94.05 -2.4986 85.60 7.1261

 

 


COMMENTS: The Rupee stood firm against the Euro this week too except the routine rise and falls in its price. The trading trend of the currencies remained on a normal note. The week ended giving the rupee a firm position against euro on the desks this week too.

RUPEE/EURO

This Week

Last Week

% Change

Last Year

% Change

62.50 62.40 .1602 - -

 


 

 

COMMENTS
: The Rupee remained firm against Yen this week too and much change in its price at the end of the week was no 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

0.487 0.4775 1.9895 0.45 8.2222