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Khanani & Kalia International (Pvt) Limited Closing Rates of currency notes on Monday (February 21, 2005).





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Currency Notes KKI Buying KKI Selling

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US dollar 59.58 59.62

Pound Sterling 112.85 112.95

Euro 77.80 77.90

Swiss Franc 50.35 50.45

Swedish Krona 8.53 8.58

Canadian dollar 48.25 48.35

Japanese Yen 0.563 0.565

Hong Kong dollar 7.65 7.70

Singapore dollar 36.30 36.40

Malaysian Ringgit 15.55 15.60

U.A.E Dirham 16.23 16.26

Saudi Riyal 15.87 15.92

Kuwaiti Dinar 203.55 203.65

Indian Rupee 1.38 1.41

Norwegian Krone 9.37 9.42

Qatari Riyal 16.35 16.40

Omani Riyal 154.50 154.60

Thai Bhat 1.48 1.52

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Remittance KKI Buying KKI Selling

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US $ TT 59.60 59.80

US $ Draft 59.60 59.80

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MARKET ANALYSIS: Slack demand and significant supply of dollars in the market helped rupee to stand firm at its overnight trading price in the dealings today. The national currency which ended at Rs 59/60 against greenback on Friday traded at the same price in the market today too in major portion of the day since dollar was week on both fundamental as well as technical grounds. However, a gain of 0.02 paisa was recorded in the evening and thus the greenback was changing hands at Rs 59/58.

Copyright Business Recorder, 2005


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