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Khanani & Kalia International (Pvt) Limited Closing Rates of currency notes on Wednesday (January 19, 2005).



=================================================
Currency Notes KKI Buying KKI Selling
=================================================
US dollar 59.72 59.77
Pound Sterling 111.80 111.90
Euro 77.85 77.95
Swiss Franc 50.35 50.45
Swedish Krona 8.60 8.65
Canadian dollar 48.70 48.80
Japanese Yen 0.579 0.581
Hong Kong dollar 7.65 7.70
Singapore dollar 36.45 36.55
Malaysian Ringgit 15.60 15.65
U.A.E Dirham 16.20 16.24
Saudi Riyal 15.83 15.87
Kuwaiti Dinar 202.60 202.70
Indian Rupee 1.38 1.41
Norwegian Krone 9.53 9.58
Qatari Riyal 16.33 16.37
Omani Riyal 154.40 154.50
Thai Bhat 1.48 1.53
-------------------------------------------------
Remittance KKI Buying KKI Selling
-------------------------------------------------
US $ TT 59.70 59.90
US $ Draft 59.70 59.90
=================================================

MARKET ANALYSIS: The local currency gave up grounds versus dollar on the second consecutive day here in the Kerb. The greenback opened new day's trading at its overnight closing rate of Rs59/68 and gained grounds by changing hands at Rs 59/72 till evening, Thus, the local currency shed 0/04 paisa against dollar in the Kerb dealings and ended week on a sluggish note before going on a long weekend on account of Eid-ul-Adha.
Copyright Business Recorder, 2005

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