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Find all the economic and financial information on our Orishas Direct application to download on Play StoreThe end of this week is marked by a scattered order of currencies. While the dollar was preparing to fall weekly, and the pound fell against the euro, the South African rand increased its gains and the rupee opened slightly higher against the
dollar.The dollar lagged behind on Friday and was on the verge of a weekly decline against a basket of currencies. The dollar index, which measures the U.S. currency against six other currencies, was 106.22, not far from its one-week low of 105.80 on Thursday. It is on track to fall by 0.3% for the week, its third week of losses since July.
The Japanese yen was 150.41 per dollar, making operators nervous and eager to look for signs of intervention by the Japanese authorities. And the euro was down 0.03% to $1.0617, after rising 0.49% on Thursday. The single currency should register a weekly gain of 0.5%.
The pound sterling traded at $1.2189, down 0.10% on the day, after rising 0.4%, and on track to make a weekly gain of 0.5%. At 21:00 GMT, the British currency returned 0.06% to the single currency, at 0.8704 pounds for one euro. It gained ground against the greenback (+0.41%), at 1.2203 dollars, mainly due to the more moderate than expected communication from the American Central Bank
(Fed) on Wednesday.For its part, the rand traded at 18.3750 at 07:00 GMT against the dollar, about 0.3% stronger than its previous close. The rand is up more than 2% against the US currency this week. Sensitive to risk, the rand is often inspired by global factors such as American monetary policy.
For its part, the rupee has traded in a range of 83.0225-83.2950 over the past six weeks. Undeliverable futures indicate that the rupee will open flat or slightly higher against the dollar starting at 83.2425 in the previous session
.
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