PAGE DATABASE

 

1- FOREX KERB WATCH

2- COT WEEKLY REVIEW

3- FINEX WEEK

 

FOREX KERB WATCH

 

 

 

Comments by OWAIS S. KALIA (Khanani & Kalia)
Updated October 04, 2003

 

 

 

 

 

COMMENTS:In the open market this week, the Rupee remained firm till Thursday and showed no change in its price amid any significant trading activity in the kerb. However, the Rupee lost 0.05 paisa on Friday when the greenback recovered in the international market against its major rivals. Overall, the market factors were in favor of the Rupee and the national currency ended the week on a firm note.

RUPEE/US DOLLAR

This Week

Last Week

% Change

Last Year

% Change

58.025

58.025

0.00

59.145

-1.8936

 


COMMENTS: The Rupee remained under tremendous pressure against the Sterling and crossed Rs.97/- barrier twice this week. However, mild losses in the price of Sterling against the US Dollar in the international market supported the Rupee here in the kerb as well and the national currency was able to recover some grounds at the close of markets on Saturday.

RUPEE/POUND STERLING

This Week

Last Week

% Change

Last Year

% Change

96.00 95.65 .3659 92.45 3.8399

 

 

 


COMMENTS: The Rupee continued to show a mix trend against the Euro and moved both ways on the desks. But mostly, the Rupee was weak against the currency. The continuous changes taking place in the price of Euro on the international desks was the main reason for its fluctuations here in the local markets.

RUPEE/EURO

This Week

Last Week

% Change

Last Year

% Change

66.775 66.175 .9066 - -

 


COMMENTS: The Rupee lost few more grounds against Yen this week too amid to continuous gains of the currency against US Dollar in the international market. Here in the kerb, the trading was however normal and no, major demand of the currency was recorded. The supply of the currency also remained ordinary.

 

 

RUPEE/JAPANESE YEN

This Week

Last Week

% Change

Last Year

% Change

0.5185 0.5165 .3872 0.4785 8.3594