Khanani & Kalia International (Pvt) Limited Weekly Market Review on Sunday (April 29, 2007).
Thus, rupee registered a gain of 0/11 paisas against the dollar in the kerb. On the international desk, the dollar dripped to a record low against the euro on Friday after the weakest reading of U.S. economic growth in four years suggested the economy could be at danger failing behind the rest of the world. Against the yen, the euro zone currency climbed to an all-time high above 163 yen, as solid expectations for economic growth in Europe contrasted with the mediocre pace of expansion in the United States and Japan.