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Khanani & Kalia International (Pvt) Limited Closing Rates of currency notes on Wednesday (March 12, 2008).



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Currency Notes KKI Buying KKI Selling
=================================================
US $ 62.90 63.00
Pound Sterling 126.55 126.75
Euro 96.90 97.10
Swiss Franc 60.60 60.80
Chiness Yuan 8.90 9.00
Canadian $ 63.30 63.50
Japanese Yen 0.605 0.609
Hong Kong $ 8.00 8.05
Singapore $ 45.10 45.30
Malaysian Ringgit 19.80 20.00
UAE Dirham 17.07 17.12
Saudi Riyal 16.70 16.75
Kuwaiti Dinar 229.00 229.25
Indian Rupee 1.62 1.65
Norwegian Krone 12.15 12.20
Qatari Riyal 17.20 17.25
Omani Riyal 162.60 162.70
Thai Bhat 1.95 2.00
-------------------------------------------------
Remittance KKI Buying KKI Selling
-------------------------------------------------
US $ TT 62.80 63.00
US $ Draft 62.80 63.00
=================================================

MARKET ANALYSIS: The local currency incurred losses versus dollar in the kerb dealling amid significant rise in demand of US currency. The American dollar set off new day's trading at Rs,62/80, continued to recover grounds and was trading at Rs 62/90 at close of marketson Wednesday. Thus, rupee ended another day on a downbeat note versus dollar in the kerb dealings.
sCopyright Business Recorder, 2008

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