PAGE DATABASE

 

1- FOREX KERB WATCH

2- STOCK PICKS

3- COT WEEKLY REVIEW
 

FOREX KERB WATCH

 

 

 

Comments by OWAIS S. KALIA (Khanani & Kalia)
Updated June 07, 2003

 

 

 

 

 

COMMENTS: In the open market, the sentiments remained in favor of the Rupee most of the time this week too. No major trading in the market was recorded. However, the gains of the currency in the international market lead the Rupee to lose some grounds this week and the Rupee sensed a loss of 0.10 paisa at the close of the markets.

RUPEE/US DOLLAR

This Week

Last Week

% Change

Last Year

% Change

57.97

57.80

.2941

60.575

-4.3004

 


COMMENTS: The Rupee remained weak against the Pound and gave the firmness that it was showing in the last few weeks due to the gains of the currency in the international market. As a result, Rupee fell sharply and ended the week on a sluggish note here in the kerb.

RUPEE/POUND STERLING

This Week

Last Week

% Change

Last Year

% Change

96.075 94.70 1.4519 88.175 8.9594

 

 


COMMENTS: Against the Euro, the Rupee showed a mix trend. The currency moved both ways on the desks. Rupee lost grounds this week in most sessions as Euro showed significant gains against the US Dollar in the international market and thus it's impact was also seen here in the kerb. Overall, the Rupee showed both ups and downs and ended the week on a mix note here in the kerb.

RUPEE/EURO

This Week

Last Week

% Change

Last Year

% Change

67.90 68.10 -.2936 - -

 


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

0.487 0.482 1.0373 0.482 1.0373