In the Tokyo foreign exchange market on the 8th, the movement to buy dollars and sell yen spread due to the rise in long-term interest rates in the United States, and the yen depreciated to nearly 112 yen per dollar.
The yen exchange rate as of 5 pm was 111.95-96 yen, which is 66 yen weaker and the dollar stronger than the previous day.
With respect to the euro, the yen depreciated by 53 yen compared to the previous day, and the euro was 1 euro = 129.27-31 yen.
In addition, the euro was 1 euro = 1.1547-48 dollars against the dollar.
Market officials said, "The risk is relatively low because investors have become more willing to take risks due to the improvement in the employment situation in the United States and the rise in stock prices in the Tokyo market and the Shanghai market in China. Government bonds of Japan and the United States are being sold. As a result, long-term interest rates in the United States have risen even in overtime transactions, and the movement to buy dollars with higher interest rates and sell yen has expanded. "