Growth Forecast Sets Brazilian Real High

The Brazilian real benefited today from positive events in both domestic and international spheres as risk appetite rose worldwide, maintaining the Brazilian currency as the best performing currency among the main traded in

foreign-exchange markets in 2009.

***Please note there will be no US FX Trading Summary between 11/9-11/27.***

The major currency pairs teetered within a close range in the Friday session, whipsawing sharply following the release of the October US unemployment report. The euro slid from above the 1.49-level to a session low at 1.4814 while the yen jumped to 89.62 against the greenback.

The October labor report was worst than expected, with the unemployment rate climbing to a fresh 26-year high at 10.2% versus 9.8% from September. The non-farm payrolls figure revealed a loss of 190k jobs in October, worst than the forecasted loss of 175k jobs from a downwardly revised September reading of 219k jobs lost. The worst than estimated jobs data sent US equity futures lower and pushed the greenback higher on a shift from riskier assets.

Open Market Currency Exchange Rates

(Forex Rates) in Pakistan

Currency Notes
US Dollar	84.00	84.25
Kuwaiti Dinar	288.52	291.39
Malaysian Ringgit	0.0	0.0
Norwegians Krone	14.44	14.56
UK Pound Sterling	137.50	138.50
Saudi Riyal	22.25	22.35
Singapore Dollar	0.0	0.0
Swedish Korona	11.69	11.80
Swiss Franc	80.91	81.47
U.A.E Dirham	22.66	22.80
Bahrain Dinar	220.25	221.95
NewZealand $	43.5	43.8
Omani Riyal	215.83	217.28
Australian Dollar	74.44	75.04
Danish Krone	16.38	16.51
Euro	123.50	124.50
Thai Bhat	0.0	0.0
Canadian Dollar	76.47	77.11
Hong Kong Dollar	10.55	10.81
Qatari Riyal	22.74	23.10
Indian Rupee	1.58	1.68
China Yuan	0.0	0.0
Japanese Yen	0.9120	0.9200

FOREX RATES

Pakistan Open Market Forex Rates
Updated at : 7/11/2009 10:48 AM (PST)

Currency	Buying	Selling
Australian Dollar	75.90	76.90
Canadian Dollar	78.10	79.10
China Yuan	12.00	13.50
Euro	123.70	125.20
Japanese Yen	0.9160	0.9260
Saudi Riyal	22.25	22.45
U.A.E Dirham	22.73	22.93
UK Pound Sterling	138.30	139.50
US Dollar	83.95	84.25

OPEN MARKET FOREX RATES

Remittance	Buying	Selling
US Dollar TT 83.95 84.65 US Dollar DD 83.95 84.65 Currency Notes Australian Dollar 75.10 76.10 Bahrain Dinar 220.75 223.00 Canadian Dollar 78.00 79.00 China Yuan 12.00 13.50 Danish Krone 16.40 16.80 Euro 123.30 124.80 Hong Kong Dollar 10.70 10.90 Indian Rupee 1.70 1.80 Japanese Yen 0.9200 0.9300 Kuwaiti Dinar 287.50 290.00 Malaysian Ringgit 23.00 24.50 NewZealand $ 59.95 60.95 Norwegians Krone 14.40 14.80 Omani Riyal 216.20 219.00 Qatari Riyal 22.85 23.05 Saudi Riyal 22.25 22.45 Singapore Dollar 59.40 60.40 Swedish Korona 11.60 12.00 Swiss Franc 81.20 82.20 Thai Bhat 2.40 2.60 U.A.E Dirham 22.73 22.93 UK Pound Sterling 137.00 138.50 US Dollar 84.05 84.45

Forex Exchange Pakistan

Forex Exchange Pakistan

If you are looking for a good way for getting into Forex trading whether it be automated or learning Forex trading from scratch then here are some of the best online Forex trading resources available in the market place period.

We have listed the best Forex training and automated robot trading software tools available. All of them come with a money back guarantee.

foreign exchange market (currency, forex, or FX)

currencies. It lets banks and other institutions easily buy and sell currencies. ^[1]

The purpose of the foreign exchange market is to help international trade and investment. A foreign exchange market helps businesses convert one currency to another. For example, it permits a U.S. business to import European goods and pay Euros, even though the business's income is in U.S. dollars.