European equities have a lot more ammunition to fire in 2010 even after an eight-month bull run to new highs, as improving economic data and impressive earnings in the third quarter tempt investors to grab risky assets.
EXCHANGE RATES (AED)
Nov 19, 2009
CURRENCY
UAE
QATAR
OMAN
BUY
SELL
BUY
SELL
BUY
SELL
Dollar
3.653
3.685
3.6298
3.6502
0.3815
0.388
Euro
5.44408
5.5707
5.3471
5.54
0.5686
0.5778
Sterling
6.08486
6.21562
6.0144
6.2146
0.642
0.6527
S.Fr.
3.60118
3.70034
3.5467
3.6411
0.3776
0.3831
Yen
0.04053
0.04164
0.04018
0.04195
0.00429
0.00435
D.K.
0.73153
0.74967
0.7164
0.7513
0.0767
0.078
N.Kr.
0.65106
0.66801
0.6395
0.6682
0.0683
0.0691
Swd. Kr.
0.53468
0.54766
0.5235
0.5458
0.0556
0.0567
Can.$
3.46808
3.56254
3.4205
3.5479
0.3631
0.3696
Aus.$
3.39541
3.47636
3.3408
3.4636
0.3537
0.3609
N.Z.$
2.69928
2.76887
0.2846
0.2898
H.K.$
0.4693
0.47956
0.4572
0.4811
0.0492
0.0499
Sing$
2.62135
2.69074
2.6016
2.7012
0.2761
0.2802
Mal.R
1.0258
1.0316
Jord.D
5.2491
5.0925
5.2723
0.538
0.552
Ind.Rs
0.0785
0.0799
0.0769
0.0804 0.00827
0.00838
Pak.Rs
0.0448
0.0434
0.0445
0.00448
0.00467
SL.Rs
0.0317
0.0325
0.00317
0.00357
P.Peso
0.07869
0.07887
Cyp.£
9.2211
9.2579
9.1495
9.161
B.Taka
0.0517
0.0539
0.00538
0.00563
GULF CURRENCIES
UAE Dh
0.986
0.9979
0.1045
0.1059
BD
9.6063
9.8568
9.607
9.7756
1.013
1.029
SR
0.9657
0.9909
0.9657
0.9806
0.1022
0.1033
QR
0.9948
1.0209
0.105
0.1063
RO
9.4078
9.6512
9.4109
9.5465
KD
12.422
12.9868
12.6463
12.9692
1.3429
1.3619
Rates supplied by Emirates Bank Intl, Dubai, HSBC Bank Middle East, Doha and National Bank of Oman, Muscat