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On Friday, the dollar maintained its gains as attention turned to
consumer data for indices on the Fed. The Indian rupee has
managed to stay on his side. The South African rand is retreating.
mso-font-kerne:18.0pt; mso-fareast-language:en; mso-bidi-font-weight:bold.> The dollar remained stable against the euro and the pound
Sterling on Friday, maintaining its strong gains while
Investors were waiting for household consumption figures
americans. This data is scrutinized after growth figures.
better than expected, which dampened expectations of a new
monetary easing by the Federal Reserve this year.
The Index
dollar, which measures the American currency against a basket of major currencies,
was about to record its biggest weekly increase in two months,
after the publication on Thursday of American figures that were higher than expected on
economic growth, unemployment claims, goods
sustainable and wholesale stocks.
Indian rupee managed to stay above
from its all-time low on Friday, driven by a probable intervention by the
central bank, while new American tariffs on
Imports of brand-name drugs heighten ongoing concerns
regarding the impact on foreign trade and portfolio flows. La
At the opening, the national currency was expected to be around its lowest
history of 88.7975, or even below, but it avoided this threshold
mainly thanks to the intervention of the Reserve Bank of India (RBI), according to
market operators.
The big South Africa slumped at the start of trading on Friday, extending losses recorded the day before, when the dollar soared as a result of data American economic expectations surpassed expectations. At 07:40 GMT, the rand traded at 17.46 per dollar, down about 0.2% from at the close on Thursday at 17.43
.
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