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Find all the economic and financial information on our Orishas Direct application to download on Play StoreThe currencies are trading at the end of this week in scattered order. While the South African rand has maintained stability, the yen jumped, then the Nikkei
slipped.At the end of a mixed week, the South African rand remained stable. It traded at 8675 against the dollar at 07:00 GMT, about 0.1% lower than its previous close, after having been slightly stronger earlier. ETM Analytics indicated in a research note that “the rand has again had a reasonable week against most currencies. Unless it depreciates beyond the 17,9,000 mark, it will end the week higher against the dollar, which is a good result, given that most currencies, including the major ones, have lost
ground.”After the Bank of Japan said it would take a more flexible approach to maintain long-term returns, the yen grew in volatility and stocks and bonds fell in Tokyo, while hopes for recovery allowed Chinese stocks to head for a weekly gain. In addition, the Nikkei is sliding while the BOJ is relaxing its performance policy.
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