Currencies traded at the end of this week in a loosely dispersed order. While the dollar was heading for its best week against the yen, the Indian rupee, the pound sterling and the South African rand recorded declines

The dollar approached a one-year high of 151.38 yen on Friday and touched one-week highs against the Australian and New Zealand dollars. The dollar/yen moved higher this week and is now back above 151. This increases the risk of the BOJ intervening in the (foreign exchange) market to strengthen the yen, according to Carol Kong, a currency strategist at the Commonwealth

Par ailleurs, The Indian rupee fell to a record level against the US dollar on Friday, due to weakness in Asian countries, caused by the rise American interest rates. The rupee fell to an all-time low of 83.3050 per dollar, compared to 83.2800

Pour sa part, The pound sterling remained at its lowest level in a week against the dollar on Friday, preparing for a weekly decline of 1.2%. The pound rose by a fraction on the day to $1.2231, little change from before the release of GDP data

For its part, the South African rand was little changed in the first exchanges on Friday. At 0719 GMT, the rand traded at 18.6700 against the dollar, not far from its previous close of