On Friday, the South African rand weakened against the dollar, the rupee fell while the dollar fell against the yen.

After a lower-than-expected rate hike by the South African Reserve Bank (SARB), the South African rand weakened against the dollar early on Friday. Indeed, the rand traded at 17.2350 against the dollar, 0.2% lower than its previous close at 0638 GMT.

After falling sharply over the previous two days, the Pakistani rupee showed signs of stabilization on Friday. U A day after foreign exchange companies removed a cap on the exchange rate, the Pakistani rupee fell by 9.6% against the dollar on the interbank market, the biggest one-day drop in more than twenty years. Le vendredi, it recovered from an early drop of 1.8% to just 0.2%, trading between 255-259 rupees per dollar. Similarly, the rupee fell by 1.1% on the open market to trade between 263-265 per dollar, according to data and the Exchange Currency Association of Pakistan.

While the market expects the European Central Bank to raise interest rates twice as much as the Federal Reserve next week, the dollar has approached its lowest level. in nine months compared to the euro. After data showed that consumer price inflation in Tokyo accelerated to a nearly 42-year peak this month, increasing pressure on the BOJ to abandon its stimulus measures, the U.S. currency fell by 0.43 percent to 129.65 yen in early trading.

Furthermore, the pound had a third winning week against the greenback, with an increase of 0.1%. It was steady at $1.2411 on Friday. The risk-sensitive Australian dollar rose 0.11% to $0.71225, bringing it closer to the seven-month high reached Thursday at $0.71425.