RSS Feed  Les actualités de la BRVM en Flux RSS

NEWS FINANCIÈRES

Nous agrégeons les sources d’informations financières spécifiques Régionales et Internationales. Info Générale, Economique, Marchés Forex-Comodities- Actions-Obligataires-Taux, Vieille règlementaire etc.

Currency: The Rand stable, the Yen Up, and the Nikkei Down

28/07/2023
Source : ORISHAS FINANCE
Categories: Economy/Forex

Enjoy a simplified experience

Find all the economic and financial information on our Orishas Direct application to download on Play Store

The currencies are trading at the end of this week in scattered order. While the South African rand has maintained stability, the yen jumped, then the Nikkei

slipped.

At the end of a mixed week, the South African rand remained stable. It traded at 8675 against the dollar at 07:00 GMT, about 0.1% lower than its previous close, after having been slightly stronger earlier. ETM Analytics indicated in a research note that “the rand has again had a reasonable week against most currencies. Unless it depreciates beyond the 17,9,000 mark, it will end the week higher against the dollar, which is a good result, given that most currencies, including the major ones, have lost

ground.”

After the Bank of Japan said it would take a more flexible approach to maintain long-term returns, the yen grew in volatility and stocks and bonds fell in Tokyo, while hopes for recovery allowed Chinese stocks to head for a weekly gain. In addition, the Nikkei is sliding while the BOJ is relaxing its performance policy.

Provided by AWS Translate

0 COMMENTAIRE