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 30, 2003

 

 

 

 

 

COMMENTS: The Pak Rupee remained firm against the US Dollar this week. Routine rise and falls were recorded in the price of the Rupee but mostly, the sufficient supply of the greenback in the market supported the national currency to resist firmly against the demand prevailing in the same.

RUPEE/US DOLLAR

This Week

Last Week

% Change

Last Year

% Change

58.125

58.125

0.00

59.065

-1.5914

 


COMMENTS:The Rupee showed a mix trend against Pound this week and moved both ways on the desks. The Rupee showed gains at start of the week but lost some grounds as well towards the closing sessions. The demand and supply of the currency was normal in the market and mostly the international market changes here showing its effect.

RUPEE/POUND STERLING

This Week

Last Week

% Change

Last Year

% Change

91.60 91.40 .2188 91.60 0.00

 


 

 

COMMENTS: At the start of this week, the Rupee continued to show gains against the Euro amid to the continuous fall of the currency against the US Dollar and Yen in the international market. However the currency recovered some shine in the world markets towards the weekend including the kerb and thus the Rupee gave up some of the grounds that it had gained this week and closed the markets on a mix note.

RUPEE/EURO

This Week

Last Week

% Change

Last Year

% Change

63.75 63.30 .7109 - -

 


COMMENTS: The Yen started the week positively supported by its gains against the greenback, Pound and Euro in the international currency markets and its immediate impact was also seen in the kerb as well. 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

0.4955 0.491 .9164 0.4955 0.00