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Khanani & Kalia International (Pvt) Limited Closing Rates of currency notes on Saturday (May 14, 2005).



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Currency Notes KKI Buying KKI Selling
=================================================
US dollar 60.45 60.50
Pound Sterling 112.10 112.20
Euro 76.65 76.75
Swiss Franc 49.45 49.55
Swedish Krona 8.28 8.33
Canadian dollar 47.75 48.85
Japanese Yen 0.562 0.564
Hong Kong dollar 7.77 7.82
Singapore dollar 36.40 36.50
Malaysian Ringgit 15.85 15.90
U A E Dirham 16.50 16.53
Saudi Riyal 16.15 16.18
Kuwaiti Dinar 207.05 207.15
Indian Rupee 1.41 1.44
Norwegian Krone 9.42 9.47
Qatari Riyal 16.62 16.65
Omani Riyal 157.05 157.15
Thai Bhat 1.50 1.54
-------------------------------------------------
Remittance KKI Buying KKI Selling
-------------------------------------------------
US $ TT 60.45 60.65
US $ Draft 60.45 60.65
=================================================

MARKET ANALYSIS: Rupee had another tough day versus dollar in the krb. The dollar kept rising without any resistance in the dealings. Rupee suffered heavy losses today too by shedding 0/20 paisa. The dollar kicked-off new day at its overnight closing score of Rs 60/30, continued to exert more pressure on the local currency by changing hands at Rs 60/50. Overall, rupee remained on the negative side in the kerb.

Copyright Business Recorder, 2005

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