The Tokyo foreign exchange market on the 26th is a relatively safe currency to avoid risks as a new mutant virus of the new corona is confirmed in South Africa and the sense of caution about the future of the world economy has increased. The movement to buy the yen has intensified, and the yen exchange rate has risen to the low 114 yen level per dollar.
The yen exchange rate as of 5 pm was JPY 114.16 to JPY 17 per dollar, which was 1.22 yen higher and the dollar weaker than on the 25th.
With respect to the euro, it was 1.16 yen higher and the euro weaker than on the 25th, from 1 euro = 128.24 yen to 28 yen.
The euro was 1 euro = 1.1233 to 34 dollars against the dollar.
Market officials said, "The impact of the new mutant virus identified in South Africa has increased alertness to the future of the global economy and plunged stock prices, so even among foreign exchange market investors, let's avoid risks. The move to buy the yen, which is considered to be a relatively safe currency, has become dominant. "