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Khanani & Kalia International (Pvt) Limited Closing Rates of currency notes on Wednesday (August 17, 2005).



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Currency Notes KKI Buying KKI Selling
=================================================
US $ 60.15 60.20
Pound Sterling 108.05 108.15
Euro 73.50 73.60
Swiss Franc 47.40 47.50
Swedish Krona 7.85 7.90
Canadian $ 49.60 49.70
Japanese Yen 0.542 0.544
Hong Kong $ 7.63 7.68
Singapore $ 35.90 36.00
Malaysian Ringgit 15.95 16.00
U.A.E Dirham 16.27 16.31
Saudi Riyal 15.92 15.97
Kuwaiti Dinar 204.05 204.15
Indian Rupee 1.38 1.41
Norwegian Krone 9.25 9.30
Qatari Riyal 16.38 16.43
Omani Riyal 154.75 154.85
Thai Bhat 1.50 1.55
-------------------------------------------------
Remittance KKI Buying KKI Selling
-------------------------------------------------
US $ TT 59.80 60.00
US $ Draft 59.80 60.00
=================================================

MARKET ANALYSIS: The local currency again on the second consecutive day showed a downward trend in the kerb. The greenback kicked off new day's trading at its overnight closing rate of Rs 60/05, added gains and changed hands at Rs 60/15. Thus, the rupee lost 0/10 paisa. Overall, the local currency remained weak against dollar in the open market.
Copyright Business Recorder, 2005

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