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Khanani & Kalia International (Pvt) Limited Closing Rates of currency notes on Tuesday (June 14, 2005).



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Currency Notes KKI Buying KKI Selling
=================================================
US $ 60.42 60.45
Pound Sterling 110.00 100.10
Euro 73.65 73.75
Swiss Franc 47.75 47.85
Swedish Krona 7.92 7.97
Canadian $ 48.20 48.30
Japanese Yen 0.555 0.556
Hong Kong $ 7.78 7.83
Singapore $ 36.20 36.30
Malaysian Ringgit 15.91 15.96
U.A.E Dirham 16.57 16.60
Saudi Riyal 16.21 16.24
Kuwaiti Dinar 207.95 208.05
Indian Rupee 1.41 1.43
Norwegian Krone 9.33 9.38
Qatari Riyal 16.69 16.72
Omani Riyal 157.65 157.75
Thai Bhat 1.51 1.54
-------------------------------------------------
Remittance KKI Buying KKI Selling
-------------------------------------------------
US $ TT 60.70 60.90
US $ Draft 60.70 60.90
=================================================

MARKET ANALYSIS: Euro which was struggling to recover from its nine-month lows against dollar on the international desks managed to improve its standing in the open market dealings too while rupe also showed a negative slide against dollar today. After standing firm for eight consecutive days, rupee sensed pressure from dollar and lost 0.02 paisa on the desks today as the currency was changing hands at Rs 60/42 as compared to its previous price of Rs 60/40.
Copyright Business Recorder, 2005

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