On the 28th, the yen exchange rate fell against the dollar in the Tokyo foreign exchange market, and the dollar was in the low 104 yen range.
Market officials said, "In response to the drop in stock prices in the New York and Tokyo markets, investors are increasingly buying the dollar as a key currency to avoid risks. Also, because the end of the month when companies have many settlement dates is near. , The yen is depreciating due to the movement of domestic importers to buy dollars. "