PAGE DATABASE

 

1- FOREX KERB WATCH

2- STOCK PICKS

 

FOREX KERB WATCH

 

 

 

Comments by OWAIS S. KALIA (Khanani & Kalia)
Updated on  April 05,
2003

 

 

 

 

 

 

 

 

 

COMMENTS: In the open market, the sentiments remained in favour of the rupee this week too as the national currency sowed firmness against the green back. The weak performance of US dollar in the international market and low demand of the currency in the kerb de to the prolonged war supported the rupee. Rupee again closed the week on a firm note.

RUPEE/US DOLLAR

This Week

Last Week

% Change

Last Year

% Change

57.9225

57.875

0.0820

60.325

-3.9832

 


COMMENTS: The rupee remained firm against the pound and no major change in the value of the national currency was seen throughout the week. The trading trend remained in favour of the rupee and the rupee ended the week strongly here in the kerb.

 

 

RUPEE/POUND STERLING

This Week

Last Week

% Change

Last Year

% Change

90.30 90.70 -.4410 86.70 4.1522

 

 


COMMENTS: Against the euro, rupee showed gains especially towards the end of the week. Euro remained bleak in the international market and its effect was also seen here in the kerb. The trading turnover remained on normal ebb and the week ended giving the rupee a firm position on the desks..

 

RUPEE/EURO

This Week

Last Week

% Change

Last Year

% Change

62.10 62.225 -.2008 - -

 


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

 

RUPEE/JAPANESE YEN

This Week

Last Week

% Change

Last Year

% Change

0.480 0.480 0.00 0.4565 5.1478