Yen price drop 1 dollar = trading in the mid-108 yen range June 3 11:49

The Tokyo foreign exchange market on the 3rd, the yen exchange rate has dropped, and the dollar is trading at the mid-108 yen level.

Market officials said, ``Expectations that the spread of the new coronavirus infection may have bottomed out due to the resumption of economic activity in Europe and the United States, and investors held it in order to avoid risks. The Japanese yen is selling and the dollar and the euro are buying. On the other hand, Japanese exporters are also selling the rising dollar and converting it to the yen, and the price range has narrowed compared to the morning. I am talking."