On the 12th, the Tokyo foreign exchange market and the yen exchange rate were modest.
As of 5 pm, the yen exchange rate was 114.4-6 yen, which is 3 yen higher and the dollar weaker than the 11th.
Against the euro, the yen appreciated by 15 yen and the euro depreciated by 1 euro = 130.58-62 yen compared to the 11th.
The euro was 1 euro = 1.1450-51 dollars against the dollar.
Market officials said, "With concerns about inflation, there is a strong belief that long-term interest rates in the United States will continue to rise and the interest rate differential between Japan and the United States will widen, and there are some movements to buy dollars and sell yen. However, many investors wanted to see what was happening in the New York bond market on the 12th, so they refrained from aggressive trading. "