Currencies are trading in scattered order this Wednesday. Tandand that la rupee appreciates against the dollar , the dollar serif">American, Australian and New Zealand dollars, the yuan, and the South African rand remain stable. The pound sterling is falling.

The dollar American remained stable on Wednesday, close to its highest low level since the beginning of October, after the publication of data showing the persistent weakness in the labor market, which has raised the concern of investors as to when the next rate cut is likely to be Federal reserve. The dollar index, which measures the value of the currency American versus six other currencies, stood at 98.193, oscillating near its lowest level since October 3, reached on Tuesday.

The index fell by 9.5% this year, which the led to its biggest annual decline since 2017.

The dollars Australian and New Zealand remained stable on Wednesday, with American economic data having had little impact, while the Updating the Australian government budget did little to influence rates of interest.

The Australian dollar remained stable at $0.6630, after finding support at $0.6616 overnight.

The currency has been stagnant since it peaked three months at $0.6685 last week, and a break below the mark of $0.6600 would suggest that its uptrend is over for now.

The New Zealand dollar held steady at $0.5778, after falling as much as $0.5759 overnight.

It must go back over the top of the last week, at $0.5831, for the rise to continue.

The yuan stabilized near its highest level in 14 months The Chinese currency fell from its highest point on Wednesday level in 14 months against the US dollar, with analysts estimating that a rate The exchange rate was lower than expected, a sign of the central bank's efforts. to prevent a rapid appreciation of the currency.

At 03:26 GMT, the yuan was down 0.01% at 7.0439 per dollar, ending a series of four rising sessions which had propelled it to a new high in 14 months.

The offshore yuan traded at 7.0393 yuan for a dollar, down by around 0.04% on Asian markets. The yuan in Cash can fluctuate by 2% on either side of the fixed midpoint each day.

The South African rand was stable at the start of trading on Tuesday, before the publication of bank data local power plant and inflation figures that will shed light on economic prospects of the country.

At 05:12 GMT, the rand traded at 16.75 against the dollar, a level almost unchanged from its previous close of 16,750.

LA The rupee appreciated against the American dollar. The rupee Pakistan appreciated against the American dollar, gaining 0.01% on the interbank market on Wednesday.

At the close, the local currency settled at 280.27, or a gain of 0.03 rupees against the US dollar.

Mardi , the local unit closed at 280.30.

Sterling fell on Wednesday after a fall unexpected and brutal British inflation, on the eve of a decision by The Bank of England which is expected, according to general forecasts, to fall its interest rates. The dollar appreciated as traders waited for the data on American inflation for clues about the next decision from the Federal Reserve.

The British pound was about to record its highest sharp daily decline since the beginning of November, with investors having reinforced their bets on a rate cut by the BoE on Thursday, after the publication of data indicating an unexpected and abrupt decrease in British inflation in November. [GBP/]

Price inflation at the British consumption fell to 3.2% in November, its lowest level since March, compared to 3.6% in October, according to official figures.