Yen drops to the 112 yen level 10:03 on February 21 for the first time in 10 months since last April

The dollar has been bought in the Tokyo foreign exchange market on the 21st, and the yen has depreciated against the dollar to 112 yen level for the first time in 10 months since April last year.

The Tokyo foreign exchange market on the 21st took over the flow of buying dollars in overseas markets because the manufacturing economic index etc. announced on the 20th in the United States exceeded expectations of the market, the yen depreciated against the dollar is. In addition, there is growing concern that economic activity will stagnate in Japan due to the spread of infection, and there is a movement to sell yen.

According to a market source, `` The response to Japan, which is geographically close to China, is attracting attention in the spread of coronavirus infection, and the stricter outlook on the Japanese market led by overseas investors led to the movement to sell yen. There ".