PAGE DATABASE

 

1- FOREX KERB WATCH

2- COT WEEKLY REVIEW

3- FINEX WEEK

 

FOREX KERB WATCH

 

 

 

Comments by OWAIS S. KALIA (Khanani & Kalia)
Updated Jan 15, 2004

 

 

 

 

COMMENTS: The rupee showed a mix trend in the kerb. However, the national currency ended current week on a positive note. Rupee recovered grounds which it had lost at the end of last week. The local currency kicked off fresh week trading on a sag note but managed to recover grounds towards the end of closing session.

RUPEE/US DOLLAR

This Week

Last Week

% Change

Last Year

% Change

59.825

59.875

-.0835

57.575

3.9079

 


COMMENTS: Pound sterling observed both upward and downward trends against the local currency but incurred heavy losses at the close of the week. The national currency started the new week on a negative note but recovered grounds quickly in the middle. Rupee opened new week at 112/75, continued to record gains against the cable by dragging down it at 111/45 price level.

RUPEE/POUND STERLING

This Week

Last Week

% Change

Last Year

% Change

111.7 112.7 -.8873 103.50 7.9227

 

 

 


COMMENTS: The single currency also remained in the both upward and downward territories but at the close of week shed grounds versus the national currency. Euro started fresh week tracing on upbeat note by dragging down the local currency at Rs. 78/75 which remained the highest price level versus rupee.

RUPEE/EURO

This Week

Last Week

% Change

Last Year

% Change

78.35 78.7 -.4447 71.40 9.7338

 


COMMENTS: The national currency observed a negative trend versus yen at current week. Yen gained good grounds against the rupee by changing hands from 0.573 to 0.582 levels at close. The national currency mostly traded on a negative note. Overall, the national currency remained on the upper hand versus Japanese yen.

RUPEE/JAPANESE YEN

This Week

Last Week

% Change

Last Year

% Change

0.578 0.5735 .7846 0.535 8.0373