Yen price rises to around 109 yen New virus A view that it will affect the US economy

Yen price rises to the 109 yen level New virus Virus view affecting the US economy February 28 10:13

In the Tokyo foreign exchange market on the 28th, the yen exchange rate has risen to the 109 yen level per dollar. The view that the spread of the new coronavirus will affect the US economy has led to a move to sell dollars.

Market officials say, "There is a growing view that the spread of the new coronavirus will affect the performance of previously robust US companies, and there is a move to sell dollars."