Yen exchange rate modest price movement May 20 18:19

On the 20th, the Tokyo foreign exchange market and the yen exchange rate were slightly moving.

The yen exchange rate as of 5 pm was JPY 107-65 to JPY 66, which was 24 yen weaker than the 19th.

Compared to the 19th, the euro depreciated by 41 yen against the euro, which was 1 euro = 117.79 yen to 83 yen.

The euro was 1 euro = 1.0942-43 dollars against the dollar.

Market officials said, `` Because the BOJ announced that it would hold an extraordinary monetary policy meeting, some overseas investors perceived that the interest rate could be lowered, and the yen was sold. However, the yen was gradually repurchased from the perspective that development of a new coronavirus vaccine in the United States would take time. "