Yen market price rises marginally February 26 18:26
The yen has risen marginally after the dollar was sold due to concerns that the spread of the new coronavirus on the Tokyo foreign exchange market on the 26th could affect the global economy.
At 5:00 pm, the yen was trading at 110.47 yen to 48 yen per dollar, down 24 yen against the dollar compared to the 25th.
Compared to the 25th, the value of the euro was 7 yen higher than the 25th and the euro was 13 yen from 10.9 yen per euro.
The euro was between $ 1.0871 and $ 72 against the dollar.
Market officials said, `` The uncertainty over the outlook for the global economy as the global outbreak of the new coronavirus spreads and the U.S. authorities show the prospect of ongoing outbreaks has led to some dollar sales. It is likely to be a very cautious and volatile transaction among investors. "