WEDNESDAY 10 March 2010 
  HOME IN FOCUS MEDIA
WATCH		 EQUITY FOREX FIXED
INCOME		 TRAILBLAZER COMMODITY
         
Interbank    
OPEN HIGH LOW CLOSE
84.7100 84.7100 84.5000 84.5500
Interbank / Interday Chart    

call rate / swap premium

kerb (PKR)    
  BUY SELL  
    UAE Dirham 22.88 23.08  
    EURO 114.00 115.50  
    UK Pound 126.56 128.41  
    Japanese Yen 0.93 0.94  
    Saudi Riyal 22.45 22.59  
    US Dollar 84.60 85.10  
Technical Sentiment    
    SENTIMENT
    RESISTANCE R2
N.A		 R1
N.A
    SUPPORT S1
N.A		 S2
N.A
 
Outlook    
   
 
 
 
 
 
 
 
 
 
 
 

Foreign Exchange Roundup
PKR is expected to trade between 84.45-84.75
PKR is expected to trade between 84.45-84.75. Both shorter as well as longer tenors exhibited Sell/Buy pressure with high volatility. Swaps are expected to remain stable with shorter tenors exhibiting heavy Sell/Buy pressure.
 
Swap Watch
  SWAP Rates Swap Point

SWAP(%)

Call Rates
  Bid Offer Bid Offer Bid Offer
Overnight 84.5690 84.5900 0.0295 12.5207 12.9494 12.4500 12.6000
1 week 84.7350 84.7650 0.2000 12.2373 12.8511 12.2000 12.3500
2 week 84.9350 84.9650 0.4000 11.5894 11.8744 12.2500 12.3500
1 month 85.3400 85.3800 0.8100 11.3719 11.6477 12.1500 12.3000
2 month 86.0900 86.1200 1.5550 11.0337 11.1008 12.2000 12.4000
3 month 86.8300 86.8700 2.3000 10.9968 11.0881 12.2000 12.4500
4 month 87.5600 87.6200 3.0400 10.9775 11.1165 12.2500 12.5000
5 month 88.3200 88.3800 3.8000 10.9967 11.1070 12.2500 12.5000
6 month 89.1200 89.1800 4.6000 11.1468 11.2381 12.2000 12.5000
12 month 93.5400 93.6600 9.0500 11.5158 11.6316 12.4000 12.6000
 
Currency Cross Rates
  USD YEN EURO INR GBP
 1 USD 1.0000 89.5875 0.7358 45.5296 0.6671
 1 JPY 0.0111 1.0000 0.0082 0.5074 0.0074
 1 EUR 1.3476 120.9918 1.0000 61.4897 0.9010
 1 INR 0.0218 1.9572 0.0161 1.0000 0.0146
 1 GBP 1.4903 133.8046 1.0989 68.0014 1.0000
 
Tech Corner
Foreign exchange technical chart
 
 
         
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DISCLAIMER
This memorandum is produced by BMA Capital Management Limited and is only for the use of their clients. While the information contained herein is from sources believed reliable, we do not represent that it is accurate or complete and should not be relied upon as such. Opinions expressed may be revised at any time. This memorandum is for information only and is not an offer to buy or sell, or solicitation of any offer to buy or sell the securities mentioned.