On the 30th, the Tokyo foreign exchange market was wary of the spread of a new mutant virus, and the movement to buy the yen, which is considered to be a relatively safe asset, to avoid risks became stronger, and the yen exchange rate was temporarily $ 1. The yen has strengthened to the 112 yen level.
Investors are trying to take risks as the Tokyo foreign exchange market on the 30th is relieved of caution over the new mutant virus "Omicron strain" from the view that restrictions on economic activities will be limited in the United States. With the move to buy dollars, the yen exchange rate temporarily dropped to the upper 113 yen level per dollar.
However, in the afternoon, some reports about the effectiveness of the vaccine against the Omicron strain led investors to turn around to avoid the risk due to the fear of spreading the infection, selling the dollar and being relatively safe. The movement to buy the yen, which is regarded as a valuable asset, has spread, and the yen has temporarily strengthened to the 112 yen level per dollar.
The yen exchange rate as of 5 pm was 19 yen from 113.18 yen, which is 38 yen higher and the dollar weaker than the 29th.
On the other hand, against the euro, the yen depreciated by 30 yen compared to the 29th, and the euro was 1 euro = 128.21 yen to 25 yen.
The euro was 1 euro = 1.1328 to 30 dollars against the dollar.
Market officials said, "As the infection of the Omicron strain spreads to each country, uncertainty about the future of the world economy is increasing. Detailed information such as the infectivity of the virus is not clear, and the number of infected people and behavior restrictions in each country etc. , Investors are interested in information about mutant viruses. "