On the 21st of the week, the yen exchange rate on the Tokyo foreign exchange market was modest against the dollar.

As of 5 pm, the yen exchange rate was 110.02 to 4 yen, which is 2 yen weaker and the dollar stronger than last weekend.



On the other hand, against the euro, it was 1 euro = 130.74 yen to 78 yen, which was 33 yen higher and the euro weaker than last weekend.



Also, the euro was 1 euro = 1.1883 to 85 dollars against the dollar.



Market officials said, "In the United States, the move to buy dollars was predominant from the view that the timing of interest rate hikes to tighten monetary policy might be earlier than expected. There was also a move to buy the yen, which is considered to be a safe asset, and as a result, price movements were limited. "