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Khanani & Kalia International (Pvt) Limited Closing Rates of currency notes on Friday (January 04, 2008).



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Currency Notes KKI Buying KKI Selling
=================================================
US $ 61.60 61.70
Pound Sterling 122.30 122.50
Euro 90.90 91.10
Swiss Franc 55.20 55.40
Chiness Yuan 8.30 8.40
Canadian $ 62.20 62.40
Japanese Yen 0.561 0.565
Hong Kong $ 7.76 7.86
Singapore $ 42.95 43.15
Malaysian Ringgit 18.10 18.30
UAE Dirham 16.67 16.72
Saudi Riyal 16.25 16.35
Kuwaiti Dinar 221.25 221.45
Indian Rupee 1.56 1.61
Norwegian Krone 11.20 11.30
Qatari Riyal 16.75 16.85
Omani Riyal 158.30 158.40
Thai Bhat 1.90 1.95
-------------------------------------------------
Remittance KKI Buying KKI Selling
-------------------------------------------------
US $ TT 61.90 62.10
US $ Draft 61.90 62.10
=================================================

MARKET ANALYSIS: The national currency lost major grounds against the US dollar in the open market amid sharp rise in demand of dollar. The US currency opened new day's trading at Rs 61/45, continued to gain grounds and changed hands at Rs 61/50 at close of markets on Friday. Thus, rupee ended another day on a negative note verus dollar.
sCopyright Business Recorder, 2008

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