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 26, 2003

 

 

 

 

 

COMMENTS: In the open market, 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 at the start of this week. 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

58.515

58.325

.3257

59.705

-1.9931

 


COMMENTS: Against the Sterling, the Rupee showed a mix trend this week. Both gains and losses in the price of the Rupee were seen due to the continuous fluctuation of the currency in the international market. Mostly, the Rupee kept an upper hand over the Sterling and ended the week on a mix note here in the kerb.

RUPEE/POUND STERLING

This Week

Last Week

% Change

Last Year

% Change

94.50 92.90 1.7222 93.80 .7462

 

 


COMMENTS: The Rupee lost against the Euro this week and continuous down trend in the value of the national currency was seen throughout. The recovery of Euro against the US Dollar in the international market kept the Rupee under pressure and Rupee lost grounds and ended the week showing a negative note against the currency here in the kerb.

RUPEE/EURO

This Week

Last Week

% Change

Last Year

% Change

67.10 65.475 2.4818 - -

 


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

0.4905 0.486 .9259 0.5035 -2.5819