PAGE DATABASE

 

1- FOREX KERB WATCH

2- STOCK PICKS

3- COT WEEKLY REVIEW
 

FOREX KERB WATCH

 

 

 

Comments by OWAIS S. KALIA (Khanani & Kalia)
Updated Aug 23, 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. No major trading on the desks was recorded, trading turnover remained normal and the Rupee closed the week on a firm note on the desks.

RUPEE/US DOLLAR

This Week

Last Week

% Change

Last Year

% Change

58.125

58.175

-.0859

59.505

-2.3191

 


COMMENTS: Against the Sterling, 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 fluctuation of the currency in the international market. Mostly, the Rupee gained and kept Pound under pressure except on Friday when the Rupee gave up significant grounds. Overall the Rupee ended the week on a mix note here in the kerb.

RUPEE/POUND STERLING

This Week

Last Week

% Change

Last Year

% Change

91.40 93.475 -2.2198 90.60 .8830

 


 

 

COMMENTS: The Rupee continued to show gains against the Euro amid to the continuous fall of the currency against the US Dollar in the international market and thus throughout the week. The Rupee stood firm and enjoyed gains, however, in a few sessions, Euro recovered some grounds as well supported by its rise on the international desks.

RUPEE/EURO

This Week

Last Week

% Change

Last Year

% Change

63.30 65.30 -3.0627 - -

 


COMMENTS: The Yen showed no major gain or loss against the Pak Rupee in the first few days of the week but since Yen went strong against the US Dollar towards the weekend, therefore, Rupee also gave up some grounds as a result. No major buying and selling of the currency was recorded and the Rupee ended the week on a mix note here in the kerb.

RUPEE/JAPANESE YEN

This Week

Last Week

% Change

Last Year

% Change

0.491 0.485 1.2371 0.4945 -.7077