CAPITAL MARKETS

 

1- FOREX KERB WATCH

2- COT WEEKLY REVIEW

3- FINEX WEEK

4. STOCK WATCH
5. STOCK MARKET AT A GLANCE


FOREX KERB WATCH

 


.Comments by OWAIS S. KALIA (Khanani & Kalia)
Updated Feb 04, 200
5

 

 

COMMENTS:
The rupee remained under stress versus the dollar this week. The rupee started fresh week on its overnight firm note but lost grounds in the beginning of new week by changing hands from Rs. 59/28 to Rs. 59/35 on Monday. There was a reasonable increase in the inter bank price of US dollar which brought the national currency on the back foot here in the kerb as well. Overall, the national currency started the new week at Rs. 59/35 thus lost 0/17 paisa by end of the week.

RUPEE/US DOLLAR

This Week

Last Week

% Change

Last Year

% Change

59.525

59.325

.3371

57.355

3.7834

 


COMMENTS: The currency started this week on a positive note but showed a mix trend later. Sterling begins week at Rs.111/90 and gained grounds throughout the week. The cable touched Rs. 112/25 which was the highest gain versus the national currency this week. The national currency gave up 0/20 paisa to close the week.

RUPEE/POUND STERLING

This Week

Last Week

% Change

Last Year

% Change

112.1 112.0 .0892 104.30 7.4784

 

 

 


COMMENTS: The national currency remained unchanged against euro this week. Euro started the new week at Rs. 77/30 and showed both upward and downward trends in the middle. The single currency touched Rs. 77/80 price level which was the highest score of euro versus the national currency this week. Overall, the national currency remained motionless by standing at the same price level of Rs. 77/30 at the close of markets.

RUPEE/EURO

This Week

Last Week

% Change

Last Year

% Change

77.25 77.4 -.1937 71.35 8.2690

 


COMMENTS: A mix trend was observed in the price of yen against the rupee this week too but the national currency managed to gain grounds. The demand of currency remained within normal range and the currency was changing hands from price level of 0-571-0.567. However, the national currency closed the week on a positive note versus yen.

RUPEE/JAPANESE YEN

This Week

Last Week

% Change

Last Year

% Change

0.5695 0.5735 -.6974 0.540 5.4629