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Khanani & Kalia International (Pvt) Limited Closing Rates of currency notes on Friday (March 18, 2005).



=================================================
Currency Notes KKI Buying KKI Selling
=================================================
US $ 59.54 59.58
Pound Sterling 114.10 114.20
Euro 79.40 79.50
Swiss Franc 51.20 51.30
Swedish Krona 8.70 8.75
Canadian $ 49.20 49.30
Japanese Yen 0.567 0.570
Hong Kong $ 7.62 7.67
Singapore $ 36.65 36.65
Malaysian Ringgit 15.63 15.68
U A E Dirham 16.22 16.26
Saudi Riyal 15.87 15.91
Kuwaiti Dinar 203.55 203.66
Indian Rupee 1.38 1.43
Norwegian Krone 9.73 9.78
Qatari Riyal 16.34 16.39
Omani Riyal 154.35 154.45
Thai Bhat 1.48 1.53
-------------------------------------------------
Remittance KKI Buying KKI Selling
-------------------------------------------------
US $ TT 59.55 59.75
US $ Draft 59.55 59.75
=================================================

MARKET ANALYSIS: No major change in the price of greenback was seen in Kerb dealings today and rupee mostly traded at its overnight exchange price of Rs 59/53 through out. The supply of dollar was sufficient in the market to meet the market demand which helped national currency to slow firm resistance on the desks today. On fundamental grounds, the national currency was in the positive zone today too since demand, as mentioned above was within supply ranges.
Copyright Business Recorder, 2005

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