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Khanani & Kalia International (Pvt) Limited Closing Rates of currency notes on Saturday (June 04, 2005).



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Currency Notes KKI Buying KKI Selling
=================================================
US dollar 60.30 60.35
Pound Sterling 109.55 109.65
Euro 73.80 73.90
Swiss Franc 48.10 48.20
Swedish Krona 8.05 8.10
Canadian dollar 48.25 48.35
Japanese Yen 0.559 0.560
Hong Kong dollar 7.72 7.77
Singapore dollar 36.05 36.15
Malaysian Ringgit 15.80 15.85
U.A.E Dirham 16.45 16.48
Saudi Riyal 16.09 16.12
Kuwaiti Dinar 206.45 206.55
Indian Rupee 1.40 1.41
Norwegian Krone 9.33 9.38
Qatari Riyal 16.57 16.60
Omani Riyal 156.55 157.65
Thai Bhat 1.50 1.53
-------------------------------------------------
Remittance KKI Buying KKI Selling
-------------------------------------------------
US $ TT 60.50 60.70
US $ Draft 60.50 60.70
=================================================

MARKET ANALYSIS: The rupee appreciated by another 0.05 paisa today and was able to end current week on a positive note. Since today was Saturday, therefore, a less than routine demand was observed whereas increase in dollars supply in the market also helped national currency to trade in the positive zone today too. The trading was taking place at Rs 60/35 as compared to Rs 60/40 at close of markets yesterday .

Copyright Business Recorder, 2005

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