Yen exchange rate at the level of yen depreciation for the first time in 5 years 1 dollar = 115.70 yen level at one time

In the first Tokyo foreign exchange market, the yen exchange rate temporarily dropped to the 115.70 yen level per dollar, the lowest level in about five years.

With inflation concerns such as high crude oil prices rising to the 1.6% level in the United States and the interest rate differential with Japan widening, the movement to buy dollars and sell yen has intensified.