PAGE DATABASE

 

1- FOREX KERB WATCH

2- STOCK PICKS

 

FOREX KERB WATCH

 

 

 

Comments by OWAIS S. KALIA (Khanani & Kalia)
Updated May 03, 2003

 

 

 

 

 

COMMENTS: In the open market, the sentiments remained in favor of the Rupee this week too as the national currency showed firmness against the greenback. No major trading in the market was recorded and thus the Rupee showed firmness and closed the week on a positive note on the desks.

RUPEE/US DOLLAR

This Week

Last Week

% Change

Last Year

% Change

57.895

57.945

-.0862

60.325

-4.0281

 


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 normal in the kerb and no major activity was seen on the desks. The Rupee therefore ended the week strongly here in the kerb.

 

RUPEE/POUND STERLING

This Week

Last Week

% Change

Last Year

% Change

92.675 91.775 .9806 88.95 4.1877

 

 


COMMENTS: Against the Euro, the Rupee lost significant grounds this week. Euro showed active gains on the desks as the currency showed massive gains against the US Dollar in the international market and showed its immediate action here in the kerb too. Euro showed record highs in the kerb this week and ended the same on a strong note.

 

RUPEE/EURO

This Week

Last Week

% Change

Last Year

% Change

64.825 63.50 2.0866 - -

 


COMMENTS: The Yen showed no major gain or loss against the Pak Rupee in the trading except the routine rise and fall 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 ups and downs that are a part of the routine trading trend.

 

RUPEE/JAPANESE YEN

This Week

Last Week

% Change

Last Year

% Change

0.4835 0.478 1.1506 0.474 2.0042