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Khanani & Kalia International (Pvt) Limited Closing Rates of currency notes on Tuesday (May 31, 2005).



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Currency Notes KKI Buying KKI Selling
=================================================
US dollar 60.40 60.45
Pound Sterling 110.40 110.50
Euro 74.90 75.00
Swiss Franc 48.60 48.70
Swedish Krona 8.17 8.22
Canadian dollar 48.00 48.10
Japanese Yen 0.560 0.561
Hong Kong dollar 7.80 7.85
Singapore dollar 36.40 36.50
Malaysian Ringgit 15.90 15.95
U.A.E Dirham 16.55 16.58
Saudi Riyal 16.19 16.22
Kuwaiti Dinar 207.70 207.80
Indian Rupee 1.40 1.42
Norwegian Krone 9.40 9.45
Qatari Riyal 16.67 16.70
Omani Riyal 157.50 157.60
Thai Bhat 1.52 1.55
-------------------------------------------------
Remittance KKI Buying KKI Selling
-------------------------------------------------
US $ TT 60.65 60.85
US $ Draft 60.65 60.85
=================================================

MARKET ANALYSIS: The rupee remained unchanged in the kerb today. The greenback started the new day at its overnight closing rate of Rs 60/40 and showed no change in the dealings. Thus, closed the day at the same price level. Overall, the national currency remained strong in the open market.

Copyright Business Recorder, 2005

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