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Khanani & Kalia International (Pvt) Limited Closing Rates of currency notes on Thursday (May 24, 2007).



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Currency Notes KKI Buying KKI Selling
=================================================
US $ 60.82 60.87
Pound Sterling 120.50 120.70
Euro 81.60 81.70
Swiss Franc 49.35 49.45
Chiness Yuan 7.90 8.00
Canadian $ 55.90 56.00
Japanese Yen 0.497 0.500
Hong Kong $ 7.74 7.84
Singapore $ 39.60 39.70
Malaysian Ringgit 17.70 17.90
UAE Dirham 16.54 16.59
Saudi Riyal 16.17 16.22
Kuwaiti Dinar 209.70 209.80
Indian Rupee 1.46 1.51
Norwegian Krone 10.03 10.13
Qatari Riyal 16.66 16.71
Omani Riyal 157.50 157.60
Thai Bhat 1.77 1.82
-------------------------------------------------
Remittance KKI Buying KKI Selling
-------------------------------------------------
US $ TT 60.70 60.85
US $ Draft 60.70 60.85
=================================================

MARKET ANALYSIS: The local currency gave up mere grounds versus dollar amid demand of dollar in the local market today. The US dollar kicked off new day's trading at Rs 60/80, made a mere recovery and changed hands at Rs 60/82 at close of markets on Thursday. Thus, rupee incurred a loss of 0/02 paisas against greenback on the open market.
sCopyright Business Recorder, 2007

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