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  10, 2004

 

 

 

 

 

 

COMMENTS: There was a little change in the rupee dollar parity this week. It was mainly due to a slight rise in demand and a mere recovery of the greenback in world markets towards the weekend. The rupee started this week on Rs. 57/45 and lost 0.05 paisa during week's trading and closed markets on Rs. 57/50.

RUPEE/US DOLLAR

This Week

Last Week

% Change

Last Year

% Change

57.525

57.425

.1741

58.075

-.9470

 


COMMENTS:Continuous down trend in the value of national currency was seen against sterling throughout this week too and the national currency never found itself in a comfortable position on the desks. Sterling breached new barriers in the dealings and was trading near Rs.106 price level. A total loss of Rs.3/20 was recorded in the price of rupee this week and sterling ended very strongly.

 

RUPEE/POUND STERLING

This Week

Last Week

% Change

Last Year

% Change

105.6 102.60 2.9239 93.50 12.9411

 


 

 

COMMENTS: The rupee continued to trade under severe pressure against euro this week too and lost further grounds on the desks. Euro continued to keep rupee under pressure amid its record highs against the dollar in the international market and traded above Rs.73/50 level mostly throughout this week.

RUPEE/EURO

This Week

Last Week

% Change

Last Year

% Change

73.3 71.10 3.0942 61.30 19.5758

 


COMMENTS: The rupee lost few grounds against yen this week amid to gains of the currency against dollar in the international market. The national currency lost 0.05 paisa and yen was being traded at 0.537 paisa as compared to 0.532 paisa at last weekend.

RUPEE/JAPANESE YEN

This Week

Last Week

% Change

Last Year

% Change

0.534 0.532 .3759 0.4855 9.9897