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Khanani & Kalia International (Pvt) Limited Closing Rates of currency notes on Saturday (August 23, 2008).



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Currency Notes KKI Buying KKI Selling
=================================================
US $ 75.50 76.00
Pound Sterling 139.50 140.50
Euro 111.40 112.40
Swiss Franc 68.20 68.60
Chiness Yuan 11.00 11.50
Canadian $ 71.95 72.35
Japanese Yen 0.682 0.687
Hong Kong $ 9.57 9.67
Singapore $ 53.10 53.50
Malaysian Ringgit 23.30 23.80
UAE Dirham 20.50 20.65
Saudi Riyal 20.05 20.15
Kuwaiti Dinar 279.20 279.60
Indian Rupee 1.75 1.80
Norwegian Krone 13.93 14.03
Qatari Riyal 20.65 20.75
Omani Riyal 195.10 195.50
Thai Bhat 2.35 2.55
-------------------------------------------------
Remittance KKI Buying KKI Selling
-------------------------------------------------
US $ TT 75.70 76.20
US $ Draft 75.70 76.20
=================================================

MARKET ANALYSIS: Downward trend was seen in the price of national currency versus the US dollar amid post-Musharraf political uncertainty continued to grow in the coalition partners of current government on reinstatement of deposed judges. The US curency commenced new week's trading at Rs 74/00, continued to post gains and was changing hands at Rs 75/50 at 12:11 pm local time on Saturday.
sCopyright Business Recorder, 2008

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