PAGE DATABASE

 

1- FOREX KERB WATCH

2- COT WEEKLY REVIEW

3- FINEX WEEK

 

FOREX KERB WATCH

 

 

 

Comments by OWAIS S. KALIA (Khanani & Kalia)
Updated February  14, 2004

 

 

 

 

 

 

COMMENTS: In the open market this week, the rupee remained strong and traded on a positive note against the dollar. The rupee proceeded the week on a firm note and demonstrated firmness on the desks. he demand of the currency was less than normal while it's supply was sufficient enough to meet the requirements with ease.

RUPEE/US DOLLAR

This Week

Last Week

% Change

Last Year

% Change

57.375

57.355

.0348

57.995

-1.0690

 


COMMENTS: The sterling showed record gains against the Pak rupee this week amid to smart gains of the currency on the international desks making the rupee to trade above Rs. 108/- mark in the history of kerb trading. In most sessions of the week, sterling posted massive gains supported by its continuous gains against the US dollar.

 

 

 

RUPEE/POUND STERLING

This Week

Last Week

% Change

Last Year

% Change

107.9 104.30 3.4515 95.70 12.7481

 


COMMENTS: Rupee remained under pressure against euro and shed some more grounds during this week. However, fall of euro against the greenback at the close of international markets this week gave some support to the national currency. The demand of euro was normal here in the kerb.

RUPEE/EURO

This Week

Last Week

% Change

Last Year

% Change

72.9 71.35 2.1723 62.90 15.8982

 

 

 


COMMENTS: The rupee continued to stand firm against yen this week amid to fluctuation in the price of 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

0.542 0.540 .3703 0.4825 12.3316