In the Tokyo foreign exchange market on the 9th, the yen appreciated and the dollar weakened to the upper 112 yen level for the first time in about a month against the backdrop of the decline in long-term interest rates in the United States and the narrowing of the interest rate differential between Japan and the United States. I did.
As of 5 pm, the yen exchange rate was 72 yen compared to the 8th, and the yen's appreciation against the dollar was 1 dollar = 112.84 yen to 86 yen.
In addition, against the euro, it was 43 yen compared to the 8th, and the yen's appreciation and euro depreciation was 1 euro = 130.84 yen to 88 yen.
The euro was 1 euro = 1.1595 to 97 dollars against the dollar.
Market officials said, "Long-term interest rates in the United States have fallen as the Fed, the central bank of the United States, has eased its fears of raising interest rates early. Against the backdrop of the shrinking of the Fed, the movement to sell dollars and buy yen has intensified. "