Yen exchange price rises U.S.-China trade friction protracted yen purchase on August 13 at 10:01
In the Tokyo foreign exchange market on the 13th of the week, the yen has risen to the first half of the 105 dollar range.
The movement of selling dollars and buying yen is conspicuous because of concerns over the prolonged trade friction between the US and China and the slowdown of the global economy.
Market officials said, “There are growing concerns about the future of the global economy due to the view that the US-China trade friction will be prolonged, and there is a growing movement to buy relatively safe yen.”