Yen exchange rate drops to the 109 yen range "Buying dollars with resumption of US economic activity" 18:13 on June 4
The Tokyo foreign exchange market and the yen exchange rate on the 4th fell to the level of 109 yen per dollar, which is the first level in about two months.
The yen exchange rate as of 5 pm was JPY 109.6 to JPY 8 per dollar, which was 32 yen weaker than the 3rd.
Against the euro, the yen was weaker by 20 yen compared to 3 days, from 1 euro = 122.15 yen to 19 yen.
The euro was 1.1 euro = $1.1200 to $02 against the dollar.
Market officials said, “There has been a growing movement to buy dollars in anticipation of a recovery in the US economy due to the resumption of economic activity. Attention is focused on whether or not to launch it."