Khanani & Kalia International (Pvt) Limited Weekly Market Review on Sunday (December 04, 2005).
The demand with Vendors remained below the normal whereas supply was equally sufficient to meet the same and thus, stood as a major supporting factor from the national currency.
However, on account of ECB's decision to finally raise its interest rates after a long pause of more than two years gave some support to the currency here in the kerb too but proved to be short lived.