AS YOU ARE AWARE THAT WE HAD AN ELECTION FOR PARLIAMENTARY; ITS RESULTS WERE ANNOUNCED ON SATURDAY AND THERE IS A POSSIBILITY OF FORMATION OF A STRONG UPA (CONGRESS) GOVERNMENT EFFECT OF WHICH INDIAN CURRENCY WILL STRENGTHENED AGAINST US-DOLLAR. PEOPLE ARE VERY OPTIMISTIC FOR THE NEW INDIAN GOVERNMENT (RESULTS OF WHICH COULD BE SEEN THROUGH RISE OF INDIAN STOCKS BY 17% IN SINGLE TRADING HOUR) THEREFORE THERE ARE CHANCE THAT INDIAN CURRENCY MAY GROW STRONGER IN THE COMING WEEKS.

AT PRESENT GUAR SPLIT PRICE REMAIN @ INR 36250.00 PMT WHICH IS LOWER THEN IN COMPARISON TO LAST WEEK BUT DUE TO RISE IN INDIAN CURRENCY AGAINST USD YOU MAY FIND HIGH EXPORT PRICES BY US$ 25 - 30 PMT IN COMPARISON TO LAST WEEK.