Yen depreciation against the euro Yen depreciation for the first time in about 1 year and 4 months Euro high level August 13 18:46
On the 13th, the Tokyo foreign exchange market and the yen exchange rate dropped against the euro, and the yen depreciated for the first time in about one year and four months.
The yen exchange rate as of 5 pm was JPY 106.63 to JPY 65, which was 15 yen weaker than the 12th.
Against the euro, the yen was weaker by 66 yen compared to the 12th, 1 euro = 126.11 yen to 15 yen.
The euro was $28 per dollar = 1.1827 to the dollar.
Market officials said, “The EU has renewed awareness among investors that the European Union has agreed on the establishment of a reconstruction fund, which will put the economic recovery on track and the stability of the euro as a key currency will increase. The movement to sell dollars and buy euros has strengthened."