The dollar rose against the Euro on Friday morning and also rose moderately against most of the world’s major currencies. The market continues to assess the news about the resignation of British Prime Minister Liz Truss. That’s why the dollar is rising against the pound. The day before she announced her resignation as leader of the Conservative Party, which entailed her resignation from the post of Prime Minister, in which she had served only 45 days.

The yen is getting cheaper. Japanese Finance Minister Shunichi Suzuki once again voiced fears of a sharp depreciation of the yen and expressed his willingness to intervene to support the currency. “Our position has not changed: we are ready to take the necessary measures in case of excessive fluctuations in the currency market,” he said during a press conference on Friday.

The minister said a weaker yen would boost Japanese companies’ overseas profits. but added that it was important for the government to mitigate the negative effects of a depreciating currency, such as rising prices.

On Friday, it was reported that consumer prices in Japan rose 3% in September compared to the same month a year earlier. A similar rate of increase was recorded in August, and the rate of increase was the fastest since September 2014. Consumer prices excluding fresh food (a key indicator tracked by the Bank of Japan) rose 3% year-over-year last month after climbing 2.8% a month earlier.

The euro was down 0.11% to $0.9775 against the dollar, down from $0.9786 at the close of Thursday’s session. The pound fell 0.31% to $1.1200 from $1.1235 at the close of the previous session.

The dollar-yen exchange rate rose 0.15% to 150.37 yen from 150.15 yen the day before. It is a record rate since August 1990.

Earlier we reported that the dollar is getting more expensive against major world currencies.