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Khanani & Kalia International (Pvt) Limited Closing Rates of currency notes on Saturday (August 27, 2005).



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Currency Notes KKI Buying KKI Selling
=================================================
US $ 60.07 60.12
Pound Sterling 107.60 107.70
Euro 73.40 73.50
Swiss Franc 47.45 47.55
Swedish Krona 7.85 7.90
Canadian $ 49.75 49.85
Japanese Yen 0.541 0.542
Hong Kong $ 7.65 7.70
Singapore $ 35.75 35.85
Malaysian Ringgit 15.88 15.93
U.A.E Dirham 16.28 16.32
Saudi Riyal 15.94 15.98
Kuwaiti Dinar 204.30 204.40
Indian Rupee 1.40 1.43
Norwegian Krone 9.22 9.27
Qatari Riyal 16.40 16.45
Omani Riyal 154.90 155.00
Thai Bhat 1.50 1.55
-------------------------------------------------
Remittance KKI Buying KKI Selling
-------------------------------------------------
US $ TT 59.85 60.05
US $ Draft 59.85 60.05
=================================================

MARKET ANALYSIS: Dollar continued its upward ride against rupee in the open market dealings today too and more recovery in its price was recorded. Rupee started new day at Rs 60/07 and by evening was changing hands at Rs 60/10 thus losing 0.03 paisa overall. The rising dollar on the international desks restricted rupee from showing any recovery besides the fact that demand was lower with the vendors and trading turnover was overall low due to Saturday.
Copyright Business Recorder, 2005

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