Bisnis.comJAKARTA- American dollar (US) fell against a basket of other major currencies at the close of trading on Friday (8/18/2023), after eurozone inflation showed signs of marginally easing.
The dollar index, which measures the greenback against six major rivals, fell 0.18% to 103.3831 late in the session.
According to a report published by the Statistical Office of the European Union on Friday (18/8), the level inflation the euro zone’s annualized rate reached 5.3% in July, compared with 5.5% in June. A year earlier, this figure was 8.9%. Annual inflation in the European Union was 6.1% in July this year, down from 6.4% in June. A year earlier, this figure was 9.8%.
Britain’s Office for National Statistics said on Friday (August 18) UK supermarket sales volumes fell 2.6% in July after rising in June, bigger than economists had expected. Expectations of higher UK interest rates in the coming months supported the pound and pushed UK government bond yields higher.
At the end of trading in New York, the euro rose to US$1.0878 from US$1.0857 in the previous session, and the pound rose to US$1.2740 from US$1.2728 in the previous session.
The US Dollar bought 145.2980 Japanese Yen, lower than 146.0890 Japanese Yen in the previous session. The US dollar rose from 0.8797 Swiss francs to 0.8824 Swiss francs and fell to 1.3545 Canadian dollars from 1.3546 Canadian dollars. The US dollar fell from 10.9363 Swedish kronor to 10.9709 Swedish kronor.
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