Yen exchange rate modest price change July 21 18:16
On the 21st, the Tokyo foreign exchange market and the yen exchange rate were small.
The yen exchange rate as of 5 pm was JPY 107-32 to JPY 33, which is 16 yen weaker than the 20th.
Against the euro, one euro = 122.80 yen to 84 yen, which is 5 yen weaker than the 20th.
The euro was $44 to $44 per euro = 1.1442.
A market official said, "In response to the agreement to establish a reconstruction fund for the economic recovery of the EU, which had been difficult to negotiate, we sold some yen and dollars in anticipation of the recovery of the European economy. There was a move to buy the euro. However, due to persistent concerns over the spread of the new coronavirus infection, many investors withheld transactions and it was not a one-sided price movement."