Yen exchange price increases due to the economic downturn
The Tokyo foreign exchange market and the yen exchange rate on the 15th rose slightly. In the afternoon, there are occasions when the price declines, and the price movement is getting worse as the alertness to the recession increases.
The yen exchange rate at 5:00 pm was 20 yuan compared to 14th, and the dollar was appreciating from 1 dollar = 106.24 sen to 25 sen.
Compared to the 14th, the euro was 56 yen, and the weaker yen against the euro was 1 euro = 118.44 yen to 48 yen.
The euro was 1 euro = 1.1148 to 49 dollars against the dollar.
Market officials said, “In the US bond market, long-term interest rates have fallen below short-term interest rates and have been in a reverse yield, which is a sign of a recession. However, the movement to buy yen, which is considered a safe asset, has spread. .