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Khanani & Kalia International (Pvt) Limited Closing Rates of currency notes on Tuesday (May 24, 2005).



=================================================
Currency Notes KKI Buying KKI Selling
=================================================
US dollar 60.70 60.75
Pound Sterling 111.60 111.70
Euro 76.70 76.80
Swiss Franc 49.55 49.65
Swedish Krona 8.33 8.38
Canadian dollar 48.05 48.15
Japanese Yen 0.565 0.567
Hong Kong dollar 7.78 7.83
Singapore dollar 36.65 36.75
Malaysian Ringgit 15.90 15.95
U A E Dirham 16.59 16.62
Saudi Riyal 16.23 16.26
Kuwaiti Dinar 208.00 208.10
Indian Rupee 1.42 1.45
Norwegian Krone 9.45 9.50
Qatari Riyal 16.70 16.73
Omani Riyal 157.80 157.90
Thai Bhat 1.52 1.57
-------------------------------------------------
Remittance KKI Buying KKI Selling
-------------------------------------------------
US $ TT 60.70 60.90
US $ Draft 60.70 60.90
=================================================

MARKET ANALYSIS: The rupee remained unchanged against greenback in the open market dealings today and took a pause after showing a recovery of 0.40 in the last two days of trading. The rupee however lost grounds against euro and pound sterling and both currencies showed an upward trend. Against dollar, rupee continued to trade at an exchange price of Rs 60/70, the same as it was at close of markets yesterday.

Copyright Business Recorder, 2005

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