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Khanani & Kalia International (Pvt) Limited Closing Rates of currency notes on Friday (September 02, 2005).



=================================================
Currency Notes KKI Buying KKI Selling
=================================================
US $ 59.95 60.00
Pound Sterling 109.35 109.45
Euro 74.70 74.80
Swiss Franc 48.30 48.40
Swedish Krona 8.02 8.07
Canadian $ 50.10 50.20
Japanese Yen 0.542 0.544
Hong Kong $ 7.60 7.65
Singapore $ 35.40 35.50
Malaysian Ringgit 15.88 15.93
U.A.E Dirham 16.17 16.22
Saudi Riyal 15.83 15.88
Kuwaiti Dinar 203.30 203.40
Indian Rupee 1.37 1.39
Norwegian Krone 9.60 9.65
Qatari Riyal 16.32 16.37
Omani Riyal 154.20 154.30
Thai Bhat 1.47 1.52
-------------------------------------------------
Remittance KKI Buying KKI Selling
-------------------------------------------------
US $ TT 59.70 59.90
US $ Draft 59.70 59.90
=================================================

MARKET ANALYSIS: The rupee continued to enjoy gains against dollar in the open market dealings today but could not resist against euro and pound sterling and thus lost significant grounds on the other hand. Dollar was changing hands at Rs 59/95 in the dealings today, its lowest price in the last two weeks. It is the second time in the last one month that rupee has dragged dollar down below Rs 60/- level.
Copyright Business Recorder, 2005

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