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Khanani & Kalia International (Pvt) Limited Closing Rates of currency notes on Friday (May 27, 2005).



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Currency Notes KKI Buying KKI Selling
=================================================
US dollar 60.70 60.80
Pound Sterling 111.40 111.50
Euro 76.50 76.60
Swiss Franc 49.40 49.50
Swedish Krona 8.30 8.35
Canadian dollar 47.05 48.15
Japanese Yen 0.564 0.565
Hong Kong dollar 7.80 7.85
Singapore dollar 36.65 36.75
Malaysian Ringgit 15.95 16.00
U A E Dirham 16.61 16.64
Saudi Riyal 16.25 16.28
Kuwaiti Dinar 208.55 208.65
Indian Rupee 1.42 1.43
Norwegian Krone 9.55 9.60
Qatari Riyal 16.74 16.77
Omani Riyal 158.10 158.20
Thai Bhat 1.52 1.55
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Remittance KKI Buying KKI Selling
-------------------------------------------------
US $ TT 60.80 61.00
US $ Draft 60.80 61.00
=================================================

MARKET ANALYSIS: The rupee sensed more recovery in the open market dealings today. Rupee which started to regain in the dealings yesterday prolonged with the same trend and showed acceleration by 0.05 paisa on the trading desks. The trading was taking place at Rs 60.70 as compared to Rs 60/75 at close of markets yesterday. Supply of dollars which fell short in the last two days amid high demand from buyers eased today which helped rupee to recover.

Copyright Business Recorder, 2005

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