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Khanani & Kalia International (Pvt) Limited Closing Rates of currency notes on Friday (January 25, 2008).



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Currency Notes KKI Buying KKI Selling
=================================================
US $ 62.65 62.75
Pound Sterling 123.50 123.70
Euro 92.10 92.30
Swiss Franc 56.90 57.10
Chiness Yuan 8.70 8.80
Canadian $ 61.70 61.90
Japanese Yen 0.578 0.582
Hong Kong $ 7.93 8.03
Singapore $ 43.70 43.90
Malaysian Ringgit 18.61 18.71
UAE Dirham 17.00 17.05
Saudi Riyal 16.60 16.70
Kuwaiti Dinar 226.40 226.60
Indian Rupee 1.60 1.65
Norwegian Krone 11.45 11.55
Qatari Riyal 17.12 17.22
Omani Riyal 161.85 161.95
Thai Bhat 1.90 1.95
-------------------------------------------------
Remittance KKI Buying KKI Selling
-------------------------------------------------
US $ TT 62.55 62.75
US $ Draft 62.55 62.75
=================================================

MARKET ANALYSIS: The decline in demand of dollar made rupee able to recover grounds in the kerb today. The US currency kicked off today's trading at Rs 62/70, shed grounds and was changing hands at Rs 62/65 at close of markets on Friday. Thus, rupee ended the day on a positive note versus dollar in the open market.
sCopyright Business Recorder, 2008

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