KKI weekly market review

Khanani & Kalia International (Pvt) Limited Weekly Market Review on Sunday (July 08, 2007).
Thus, the local currency lost 0/10 paisas versus greenback in the kerb dealings. On the international desk, the dollar gained instantly after a report from the Labour Department showed the US economy added more jobs than expected in June. US non-farm payrolls came out at 132k, better than the forecast of 120k. Following the robust job report, the euro fell to 13570 versus the dollar, while the sterling slipped to as low as 2.0060.