The US dollar, traditionally seen as a safe havens in times of turmoil, surprised some exchange market experts on Thursday as it plunged as investors panicked US equities to their worst daily decline in nearly eight months.
Wall Street index, which measures market volatility, rose 44 percent to 22.96 today, its highest level since April.
The dollar index, which measures the strength of the greenback versus major action, fell 0.25 percent to 95.27 today, after rising to 95.79 in the previous session.
The yen, seen as a safe haven, rose to 112.19 to the dollar, its highest level since the beginning of the month, boosted by risk aversion following IMF warnings of global growth and financial stability.
The euro was up 0.27 percent at $ 1.1550 on Friday after retreating to 1.1477 in the previous session.
The pound traded at $ 1.3213, just below a week high, as investors bet on a planned exit from the European Union in March.
Sterling has gained more than 2 percent against the dollar over the past five sessions.
The Canadian dollar was trading at 1.3041 to the US dollar, near the October low of 1.3069, which hit on Wednesday.
The Australian dollar, seen as a measure of global risk appetite, hit $ 0.7072, up 0.25 percent.
The New Zealand dollar hit $ 0.6472, above a multi-year low of $ 0.6422, recorded on Monday.
The Indian rupee has fallen to new lows and today's stock market losses have worsened since the beginning of the year, hurt by global sell-offs triggered by rising trade tensions and warnings of slowing growth.
The Indian Rupee fell to 74.4850 dollars in early trading, down 0.4 percent. India's currency has fallen more than 14 percent since the beginning of the year, making it the worst performer in Asia.
