On the 1st, the Tokyo foreign exchange market and the yen exchange rate have been modest.
Market officials said, "President Biden of the United States has announced a policy of newly mobilizing 220 trillion yen for infrastructure development, and there are some movements to buy dollars from the expectation that it will lead to the economic recovery of the United States. On the other hand, there is also a movement to sell the dollar, which has been rising rapidly recently, and buy back the yen, and the overall price movement is modest. "