LONDON - After New Year cheer, reality is starting to bite. Several factors have doused the rallies in some key basic resources this year, including dollar strength and concern about regulation, but most noticeable are the steps taken by commodity consuming giant China to curb excessive loan growth.
EXCHANGE RATES (AED)
Feb 9, 2010
CURRENCY
UAE
QATAR
OMAN
BUY
SELL
BUY
SELL
BUY
SELL
Dollar
3.653
3.685
3.6298
3.6502
0.3815
0.388
Euro
4.91691
5.11714
4.8856
5.0819
0.5208
0.53
Sterling
5.63781
5.85626
5.582
5.7718
0.5958
0.6065
Swiss Fr.
3.34636
3.48647
3.3438
3.4338
0.356
0.3615
Yen
0.04031
0.04224
0.0401
0.0418
0.00429
0.00435
D.K.
0.66211
0.68859
0.6568
0.6881
0.0702
0.0714
Swd. Kr.
0.48404
0.50267
0.483
0.5024
0.0512
0.0522
Can.$
3.37738
3.49403
3.3621
3.486
0.3564
0.3629
Aus.$
3.12341
3.28734
3.1123
3.2326
0.3295
0.3367
N.Z.$
2.48421
2.59024
—
—
0.2631
0.2683
H.K.$
0.46554
0.4798
0.456
0.4799
0.0491
0.0498
Sing$
2.53667
2.64713
2.5361
2.6328
0.2692
0.2733
Mal.R
1.05634
1.07647
1.0566
1.0651
—
—
Jord.D
5.12428
5.24911
5.0925
5.2686
0.538
0.552
Ind.Rs
0.0765
0.08012
0.0767
0.0805
0.00824
0.00835
Pak.Rs
0.04237
0.04443
0.0426
0.0437
0.0044
0.00459
SL.Rs
0.0314
0.03258
—
—
0.00317
0.00357
P.Peso
0.0774
0.08043
—
—
—
—
Cyp.£
9.13768
9.32427
9.1495
9.161
—
—
B.Taka
0.05213
0.05419
—
—
0.00538
0.00563
GULF CURRENCIES
UAE Dh
—
—
0.9861
0.9979
0.1045
0.1059
BD
9.6063
9.8567
9.607
9.7758
1.013
1.029
SR
0.9657
0.9909
0.9657
0.9806
0.1022
0.1033
QR
0.9947
1.0209
—
—
0.1051
0.1064
RO
9.4077
9.6512
9.4109
9.5465
—
—
KD
12.5535
12.9596
12.5114
12.8251
1.3258
1.3448
Rates supplied by Emirates Bank Intl, Dubai, HSBC Bank Middle East, Doha and National Bank of Oman, Muscat