PAGE DATABASE

 

1- FOREX KERB WATCH

2- STOCK PICKS

3- COT WEEKLY REVIEW
 

FOREX KERB WATCH

 

 

 

Comments by OWAIS S. KALIA (Khanani & Kalia)
Updated May 17, 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.

RUPEE/US DOLLAR

This Week

Last Week

% Change

Last Year

% Change

57.855

57.895

-.0690

60.655

-4.6162

 


COMMENTS: The Rupee remained firm against the Pound this week too and no major change 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 as it has been doing for the last few weeks.

 

RUPEE/POUND STERLING

This Week

Last Week

% Change

Last Year

% Change

93.60 92.675 .9981 88.10 6.2429

 

 


COMMENTS: Against the Euro, the Rupee lost more grounds this week too. Euro showed active gains on the desks as the currency continued to break major levels 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 too and ended the same on a strong note.

 

RUPEE/EURO

This Week

Last Week

% Change

Last Year

% Change

66.90 64.825 3.2009 - -

 


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

0.4805 0.4835 -.6204 0.4805 0.00