This Friday, the South African rand was weakened, so the yen strengthened after the statement of the Minister of Finances on the monitoring of exchange rate movements. The American dollar is remained stable.

The US dollar remained stable in Asia on Friday, after reaching a three-month high on Thursday, while Markets are digesting contradictory signals from bank decisions power plants this week, results from the technology sector and a truce provisional tariff between the United States and China.

The dollar index, which measures the strength of the bill green against a basket of six currencies, remained stable at 99.469 after the losses recorded on Wall Street on Thursday shook global markets. Face In the offshore Chinese yuan, the US dollar remained stable at 7.111 yuan, despite data showing a contraction in manufacturing activity in China for the seventh consecutive month in October, a result lower than forecasts.

The euro grew by 0.1% to $1.1572, after the European Central Bank maintained rates interest unchanged at 2% for the third consecutive meeting on Thursday, reaffirming that monetary policy is in a “good” position” as economic risks decrease.

The South African rand weakened this week, at like other emerging market currencies, while the dollar rose strengthened due to uncertainty surrounding further rate cuts of interest in the United States, after the more cautious position of the Reserve federal on rates.

At 07:25 GMT, the rand traded at 17.31 for a dollar, down around 0.2% from its previous close.

On Wednesday, the American central bank lowered its interest rates of a quarter of a percentage point for the second time this year, bringing the key interest rate to a target range of 3.75% — 4.00%.

The yen regained strength against the dollar American during the Asian exchanges on Friday, after the new minister Japanese finance official said the government was monitoring the movements exchange rate with great vigilance.

Yen appreciated by 0.1% against the greenback, standing at 154.01 yen per dollar American, thus regaining ground after reaching its highest level low for nearly nine months. This increase follows the publication, on Friday, government data showing that basic consumer prices at Tokyo grew by 2.8% in October compared to last year.