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  31, 2004

 

 

 

 

 

 

COMMENTS: The Greenback showed active gains against the Rupee this week especially towards the weekend. The recovery in the price of Greenback in the international market against Yen and Euro at close of this week was the main reason for the fall of Rupee here in the kerb. The Rupee started this week on Rs.57.20 and lost 0.15 paisa ending week's trading on Rs.57.35 on Saturday.

RUPEE/US DOLLAR

This Week

Last Week

% Change

Last Year

% Change

57.355

57.525

-.2955

57.995

-1.1035

 


COMMENTS: The national currency showed a mix trend against the Pound Sterling this week trading in both directions due to continuous fluctuation in the price of currency in the international market. The Rupee showed significant gains in the mid of this week but lost the momentum towards the weekend.

 

RUPEE/POUND STERLING

This Week

Last Week

% Change

Last Year

% Change

104.30 104.60 -.2868 95.70 8.9864

 


 

 

COMMENTS: Rupee showed active gains against the Euro this week and remained strong on the desks in most sessions. The main reasons of the strength of Rupee were the fall of Euro in the international market against the US Dollar and increase in demand of national currency against the currency here in the kerb.

RUPEE/EURO

This Week

Last Week

% Change

Last Year

% Change

71.35 72.10 -1.0402 62.90 13.4340

 


COMMENTS: There was no major change in the price of Yen against the national currency this week as well and absence of any major demand from the corporate sector and individuals provided firm support to the national currency to end this week on a firm note. However, there was a slight increase in its price in the mid of this week.

RUPEE/JAPANESE YEN

This Week

Last Week

% Change

Last Year

% Change

0.540 0.535 .9345 0.4825 11.9170