The South African rand is recovering its losses, while the British pound is at the highest level against the dollar, then the ruble strengthens slightly.

The South African rand recovered some of its losses on Tuesday, after falling on Monday, due to growing expectations that the US Federal Reserve will cut interest rates soon. At 08:00 GMT, the rand was trading at 18.1575 against the dollar, which was about 0.2% stronger than its previous close

After the publication of slightly higher-than-expected inflation in June in the United Kingdom, the pound climbed to the highest in nearly a year against the dollar on Wednesday, casting doubt on whether the Bank of England would cut interest rates in August. Around 08:30 GMT (10 H30 in Paris), the British currency gained 0.33% against the greenback, at 1.3017 dollars, after the publication of stable inflation at 2% over one year in June in

The Russian ruble strengthened slightly against the dollar on Wednesday, but currency trading remains weak. The central bank noted that delays in international payments for goods imported into Russia, due to Western sanctions, were a factor in strengthening the ruble in June.