PAGE DATABASE

 

1- FOREX KERB WATCH

2- COT WEEKLY REVIEW

3- FINEX WEEK

 

FOREX KERB WATCH

 

 

 

Comments by OWAIS S. KALIA (Khanani & Kalia)
Updated January  03, 2004

 

 

 

 

COMMENTS: The Rupee remained firm against the Greenback this week and no major change in its price was not recorded. No major transaction took place through this week too and Rupee remained stable and showed gains in most of the sessions. The international markets were also slow on account of new year holidays. The Rupee showed a gain of 0.07 paisa this week opening at Rs.57.42 and closing at Rs.57.42 respectively. Overall, the Rupee ended this week on a positive note against the Greenback.

RUPEE/US DOLLAR

This Week

Last Week

% Change

Last Year

% Change

57.425

57.475

-.0782

58.125

-1.2043

 


COMMENTS:The Rupee continued to trade under pressure against Sterling this week too and lost further grounds. The Sterling continued to keep Rupee under pressure amid its record highs against the US Dollar in the international market continued and traded above Rs.102/- level mostly throughout this week. Trading took place under the influence of international market trend. The Rupee ended current week losing 0.50 paisa as compare to last week's trading.

 

RUPEE/POUND STERLING

This Week

Last Week

% Change

Last Year

% Change

102.60 101.40 1.1834 93.50 9.7326

 

 


COMMENTS: Continuos down trend in the value of national currency was seen against Euro throughout this week too and the national currency never found itself in a comfortable position on the desks. The Rupee lost 0.70 paisa this week amid continuous rise in the international price of Euro. overall, the Rupee lost grounds and ended the week showing a negative note against the Sterling.

RUPEE/EURO

This Week

Last Week

% Change

Last Year

% Change

71.10 71.20 -.1404 60.55 17.4236

 


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

RUPEE/JAPANESE YEN

This Week

Last Week

% Change

Last Year

% Change

0.532 0.5325 -.0938 0.482 10.3734