This Wednesday, the pound sterling, the rand, the yen and the rupee increased, while the Ugandan shilling and Australia and New Zealand dollars remained stable.

Sterling rose slightly against the dollar on Wednesday, recovering from a drop earlier in the session, but slipped versus the euro after data showed that the British economy stagnated so unexpected in July, as manufacturing output fell. Sterling rose 0.1% to $1.3093, after sliding to $1.3071 earlier in the session

The South African rand advanced against a weaker dollar in early trading on Wednesday, with the greenback on the defensive after a combative American presidential debate. At 0600 GMT, the rand was trading at 17.9050 against the dollar, about 0.2% stronger than Tuesday's

The yen, a safe haven, hit its highest level since the start of the year against the dollar on Wednesday, as US presidential candidates Kamala Harris and Donald Trump began their first debate, with the two candidates running neck and neck before the November election.

The Indian rupee is expected to open slightly higher on Wednesday, helped by a weaker dollar amid attention to the US presidential debate and inflation data. The 1-month undeliverable futures contract indicated that the rupee would open at 83.96 per US dollar compared to 83.9750 in the previous session. According to a bank trader, the rupee should rise “a little” with the dollar on the defensive and the possible inflows linked to the initial public offering of Bajaj

De son côté, le Ugandan shilling was stable on Wednesday, supported by weak demand for dollars, with some players keeping their local currency to meet pending tax payments in the middle of the month, according to traders. singing.

Australian and New Zealand dollars were on hold on Wednesday awaiting US inflation figures that could affect the pace of monetary policy easing in that country, while both currencies continued to lose ground to the Japanese yen, a safe haven.