PAGE DATABASE

 

1- FOREX KERB WATCH

2- COT WEEKLY REVIEW

3- FINEX WEEK

 

FOREX KERB WATCH

 

 

 

Comments by OWAIS S. KALIA (Khanani & Kalia)
Updated Aug 28, 2004

 

 

 

 

 

 

COMMENTS: In the open market, the trading drift between rupee and the US dollar was not much dissimilar from last week and no major change was recorded in the value of the rupee this week too. The market showed normal momentum and routine buying and selling of the greenback was seen on the desks. However, in the closing sessions, a slight fall in the value of the rupee was recorded.

RUPEE/US DOLLAR

This Week

Last Week

% Change

Last Year

% Change

59.195

59.125

.1183

58.125

1.8408

 


COMMENTS: The rupee remained strong against the pound and significant change in the value of the national currency was recorded throughout the week. The trading trend however remained normal and no active participation of the buyers and sellers in the market kept the turnover of the currency at normal ebb. The rupee started this week at Rs. 107/10 and was changing hands at Rs. 106/65 at close of markets.

RUPEE/POUND STERLING

This Week

Last Week

% Change

Last Year

% Change

106.6 107.35 -.6986 91.60 16.3755

 


 

 

COMMENTS: The rupee this week remained firm against the euro and appreciation in its value was recorded. The rupee started with a positive note and continued at the same trend amid falls of currency in the international market against the US dollar. The currency was being traded at Rs. 71/75 as compared to Rs. 72/50 at the end of the week here in the kerb and therefore, the rupee ended the same on a positive note.

RUPEE/EURO

This Week

Last Week

% Change

Last Year

% Change

71.6 72.7 1.5130 63.75 12.3137

 


COMMENTS: The yen showed no manor gain or loss against the pak rupee in the trading this week too and thus remained unchanged for most of the time of the week here in the kerb. The trading price more or less remained the same throughout the week.

RUPEE/JAPANESE YEN

This Week

Last Week

% Change

Last Year

% Change

0.5375 0.5395 -.3707 0.4955 8.4762