With a continuous rise in interest rates, the dollar is approaching its highest level in two years

The dollar index rose in recent trading by 0.02% at 108.45, while it is expected to end the week with an increase of 1.4%, supported by expectations that US interest rates will continue to rise for a longer period.
It recorded $1.03635, close to recording a weekly decline of 1.3% amid the strength of the dollar, and the British pound is also heading for a weekly decline of 0.96%.

Asian transactions

Early trading in Asia on Friday was calmer, although that did not prevent it from falling to the lowest level in five months at 157.93 against the dollar, as it is still under pressure from the Bank of Japan’s refusal to increase interest rates.
The South Korean won fell to its lowest level in 15 years, and the Canadian dollar fell to its weakest level in more than four years. The Australian and New Zealand dollars also fell to their lowest levels in two years.