Yen market price drop November 5th 11:42
The Tokyo foreign exchange market on the 5th, the yen exchange rate has dropped to the US dollar level of the 108 yen range.
A market official said, “Some media reports that the US Trump administration is considering to withdraw part of the tariff surcharge on imported goods from China. “There is a growing view that we may approach to some extent to resolve it, and there is an increasing movement to sell yen and buy dollars.”