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Khanani & Kalia International (Pvt) Limited Closing Rates of currency notes on Monday (June 06, 2005).



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Currency Notes KKI Buying KKI Selling
=================================================
US $ 60.40 60.45
Pound Sterling 110.25 110.35
Euro 74.35 74.45
Swiss Franc 48.45 48.55
Swedish Krona 8.12 8.17
Canadian $ 48.40 48.50
Japanese Yen 0.564 0.566
Hong Kong $ 7.75 7.80
Singapore $ 36.25 36.35
Malaysian Ringgit 15.85 15.90
U.A.E Dirham 16.50 16.53
Saudi Riyal 16.15 16.18
Kuwaiti Dinar 207.10 207.20
Indian Rupee 1.41 1.42
Norwegian Krone 9.43 9.48
Qatari Riyal 16.62 16.65
Omani Riyal 157.05 157.15
Thai Bhat 1.52 1.55
-------------------------------------------------
Remittance KKI Buying KKI Selling
-------------------------------------------------
US $ TT 60.60 60.80
US $ Draft 60.60 60.80
=================================================

MARKET ANALYSIS: A Slight increase in demand and price of dollar in the interbank market pushed rupee down in the open market dealings today and therefore the national currency started new week on a sluggish note. The rupee which showed some recovery in the closing sessions last week gave up the momentum and lost 0.10 paisa till evening. Dollars's price which was Rs 60/30 on Saturday first went up to Rs 60/35 in the afternoon and finally reached Rs 60/40 at close.
Copyright Business Recorder, 2005

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