Yen exchange rate rise May 18:21 on May 29 to sell dollars due to concerns over US-China confrontation over Hong Kong
The Tokyo foreign exchange market on the 29th, the yen market price went up.
The yen exchange rate as of 5 pm was 107 yen 20-21 yen, which is 62 yen higher than the previous day, weakening by 62 yen.
Against the euro, 1 euro = 119.05 to 09 yen, which was 40 yen weaker than the previous day, which was a stronger euro.
The euro was 1 euro = 1.1105-06 dollars against the dollar.
Market officials said, `` Because of fears of confrontation between Hong Kong and the United States over Hong Kong, investors are becoming more risk-averse and selling dollars to buy yen. US President Trump held a press conference on the 29th. However, if violent measures are announced against China, the market will be interested in it because the conflict will become even more intense. "