Yen exchange rate Dropped by 1 yen or more against the euro 18:22 on May 1st
On May 1, the Tokyo foreign exchange market and the yen exchange rate fell by more than 1 yen against the euro.
The yen exchange rate at 5 pm was 34 yen compared to April 30, and the yen's depreciation against the dollar was 1 yen = 106.93 yen to 96 yen.
Against the euro, it was 1.25 yen compared to April 30, and 1 yen = 117.25 yen, which was a weak yen against the euro, was 29 yen.
The euro was $ 65 to $ 65 per euro = 1.0964.
Market officials said, `` If the European Central Bank decides to maintain the size of the quantitative easing policy on the 30th, the yen is sold and the euro is redeemed among investors who were expecting further quantitative easing. The move has strengthened. In Japan, many investors are cautiously assessing the economic outlook, as the emergency declaration is due to be extended by May 6th. "