The dollar weakened on Wednesday before the publication of several economic indicators in the United States, including inflation in October, which could increase the probability of a fall in American rates in December. The Indian rupee is hampered by the strong demand for dollars for the expiry of currency futures contracts. The Chinese yuan is weakening as industrial profits continue to fall. In Africa, the Ugandan shilling has hardly changed, but the South African rand is recovering some of its losses against

Around 11:35, the American currency lost 0.30% against the euro, to 1.0521 dollars, and fell by 0.32% against the pound, to 1.2610 dollars.

The American currency is however doing well against the Mexican peso and the Canadian dollar, which remain weighed down on Wednesday by Donald Trump's promises Monday evening to implement, once invested, customs duties of 25% on imports from Mexico and Canada.

The Indian rupee weakened on Wednesday, under pressure from strong demand for dollars from public sector banks, mainly related to the monthly expiration of currency futures contracts, as well as requests for dollars from importers for month-end payments, traders said. The rupee was worth 84.4425 against the US dollar at 10:00am IST, down 0.1% from its close of 84.3275 in the previous session. The weakness of most Asian currencies also weighed on the rupiah, with the Indonesian rupiah falling by 0.4% and causing

The Chinese yuan depreciated against the US dollar on Wednesday, hovering near its lowest level in four months, as the country's industrial profits extended their fall in October and investors assessed the potential impact of new US tariffs. The spot yuan opened at 7.2460 per dollar and was trading 58 pips lower than the previous session's close at 7.2561 per dollar at 03:01 GMT and 0.8% weaker than the midpoint. The offshore yuan traded at 7.2644 yuan to the dollar, down by about 0.08% in Asian

The Ugandan shilling was little changed against the dollar on Wednesday and is expected to gain ground, helped by remittance flows, traders said. At 08:41 GMT, commercial banks quoted the shilling at 3,690/3,700, compared to Tuesday's closing rate of 3,695/3,705

The South African rand recovered some of its losses on Wednesday, as the dollar depreciated slightly ahead of the release of a US inflation report later in the day. At 08:51 GMT, the rand traded at 18.105 against the dollar, 0.45% stronger than its

The dollar index was down 0.24% against a basket of currencies before the release of the October U.S. personal consumer spending price index, expected later on Wednesday.

Rand trading was volatile this week, due to concerns in the markets about the imposition of tariffs by US President-elect Donald Trump. On the stock market, the Top-40 index changed little