The dollar stabilizes this Friday against the euro after an eventful week. The greenback has moved away from its peaks against the single currency as well as against other currencies.

To 09:25 GMT (11:25 CET), the euro was down 0.01% to 1.0587 dollar. The Dollar index, which compares it to other major currencies and had hit a 20-year high seven days earlier, lost 1.6%, its biggest weekly decline since February. The yuan was trading Friday at 6.6723 yuan to the dollar, moving away from its lowest since September 2020 reached seven days earlier at 6.8125 yuan.

For its part, the Russian ruble on Friday reached its highest levels against the euro and the dollar since June 2015 and March 2018 respectively. The South African rand rose in early trading on Friday, maintaining gains made in the previous session. It was trading at 15.8300 against the dollar, up 0.27% from its previous close.