In the Tokyo foreign exchange market on the 15th of the week, the yen exchange rate rose slightly as the dollar was sold and the yen was bought against the backdrop of the decline in long-term interest rates in the United States.
As of 5 pm, the yen exchange rate was 113.94 to 95 yen, which is 10 yen higher and the dollar weaker than last weekend.
Against the euro, the yen appreciated by 13 yen and the euro depreciated from 1 euro = 130.45 to 49 yen compared to last weekend.
The euro was 1 euro = 1.1449 to 51 dollars against the dollar.
Market officials said, "U.S. long-term interest rates have eased somewhat as the Fed's early rate hikes have eased as the US consumer sentiment index released last weekend fell short of market expectations. However, it fell due to overtime transactions between Japan and China today. Therefore, there was a movement to sell dollars and buy yen in some cases, conscious of the narrowing of the interest rate differential between Japan and the United States. "