Yen exchange, modest price movement August 20, 12:14

The Tokyo foreign exchange market and the yen exchange rate on the 20th have seen modest price movements.

Market officials said, “While strengthening measures to prevent the US Department of Commerce from doing business with China's Huawei and its affiliates, we are wary of the US-China conflict by extending the grace period to allow some transactions. “There are some moves to sell the yen, which was considered a safe asset and was bought to avoid risk,” he says.