Yen falls in the high-108 yen range Expectations for economic measures

Yen falls in the late 108s

On the 6th, the Tokyo foreign exchange market and the yen exchange rate fell against the dollar, and the dollar was trading in the high-108 yen range.

Market officials say, "The government is trying to carefully assess the implications for the economy if the government issues a state of emergency following the spread of the new coronavirus. However, some investors expect the impact on the economy to be curtailed. The vigilance has temporarily weakened, and there is a movement to sell yen and buy dollars. "