PAGE DATABASE

 

1- FOREX KERB WATCH

2- STOCK PICKS

3- COT WEEKLY REVIEW
 

FOREX KERB WATCH

 

 

 

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

 

 

 

 

 

COMMENTS: In the open market, the sentiments remained in favour 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 on the desks 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

58.325

57.925

.6905

91.60

5.4321

 


COMMENTS: The rupee lost against the pound this week and down trend in the value of the national currency was seen throughout. The gains of sterling in the international market kept the rupee under pressure and rupee lost grounds and ended the week showing a negative note here in the kerb.

RUPEE/POUND STERLING

This Week

Last Week

% Change

Last Year

% Change

96.575 95.425 1.2051 91.60 5.4312

 


 

 

COMMENTS: Against the euro, the rupee showed a mix trend this week too. Both gains and losses in the price of the rupee were seen due to the continuous fluctuations of euro in the international market. mostly, the rupee gained and kept euro under pressure and recovered its lost grounds. Overall, the rupee ended the week on a mix note here in the kerb.

RUPEE/EURO

This Week

Last Week

% Change

Last Year

% Change

66.575 66.275 .4977 - -

 


COMMENTS: The yen showed no major gain or loss against the Pak rupee in the trading besides the normal changes in its price due to the gains of the currency against the US dollar this week. 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

0.487 0.4805 1.3527 0.498 -2.2088