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 14, 2003

 

 

 

 

 

COMMENTS: In the open market, mostly the sentiments remained in favor of the Rupee this week too but mild losses were also recorded due to the gains of the US Dollar in the international market. No major trading in the market was recorded, trading turnover remained normal and the Rupee closed the week on a mix note on the desks.

RUPEE/US DOLLAR

This Week

Last Week

% Change

Last Year

% Change

57.945

57.97

-.0431

60.305

-3.9134

 


COMMENTS: The Rupee lost against the Pound this week and down trend in the value of the national currency was seen throughout the week. The record gains of Sterling in the international market kept the Rupee under pressure and Rupee lost significant grounds and ended the week showing on a negative note here in the kerb.

RUPEE/POUND STERLING

This Week

Last Week

% Change

Last Year

% Change

96.575 96.075 .5204 88.14 8.3408

 

 

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COMMENTS: Against the Euro, the Rupee showed a mix trend this week too. Both gains and loss in the price of the Rupee were recorded due to the continuous fluctuation of Euro in the international market. Euro kept the Rupee under pressure and crossed Rs 68 mark in most sessions of the week. 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

68.575 67.90 .9941 - -

 


COMMENTS: The yen showed no major gain or loss against the Rupee in the trading this week besides the normal changes in its price due to the international market movements. No major buying and selling of the currency was recorded and the Rupee ended the week on a firm note here in the kerb.

RUPEE/JAPANESE YEN

This Week

Last Week

% Change

Last Year

% Change

0.490 0.487 .6160 0.4835 1.3443