In the Tokyo foreign exchange market on the 11th, the yen exchange rate fell to the low 114 yen level per dollar.

Concerns about inflation have increased in the United States, and rising long-term interest rates have led to widespread movement to buy dollars and sell yen.

The yen exchange rate as of 5 pm was 114.07 to 9 yen, which is 98 yen weaker and the dollar stronger than the 10th.



With respect to the euro, the yen appreciated by 10 yen and the euro depreciated from 1 euro = 130.73 yen to 77 yen compared to the 10th.



The euro was 1 euro = 1.1460 to 61 dollars against the dollar.



Market officials said, "Long-term interest rates have risen due to concerns about inflation as the consumer price index rose for the first time in almost 31 years in the United States last month. There is a strong view that the interest rate differential will continue to widen, and the movement to buy dollars and sell yen has expanded. "