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 18, 2003

 

 

 

 

 

 

 

 

 

COMMENTS:In the open market, the sentiments remained in favor of the Rupee this week too but mild losses were also recorded as compared to last week due to US Dollar gains in the international market and a slight rise in its demand here in the kerb. 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

57.825

57.67

.2687

58.97

-2.2128

 


COMMENTS: The Rupee lost against the Sterling this week too and continuous down trend in the value of the national currency was seen throughout. The Rupee lost Rs.1/25 this week amid to persisting strong portfolio of the currency against the US Dollar in the international market and pressure on other currencies than the US Dollar due to the price rise in Dirham here in the kerb. Rupee lost grounds and ended the week showing a negative note against the Sterling.

 

 

RUPEE/POUND STERLING

This Week

Last Week

% Change

Last Year

% Change

96.65 95.6 1.0983 91.40 5.7439

 


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 firm note here in the kerb.

RUPEE/EURO

This Week

Last Week

% Change

Last Year

% Change

67.275 67.8 -.7743 - -

 

 

 


COMMENTS: The yen showed no major gain or loss against the Rupee in the first few days of the week but since yen went strong against the US dollar toward the weekend, therefore rupee also gave us 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

0.5245 0.522 .4789 0.468 10.0105