In the Tokyo foreign exchange market on the 19th, as the sense of caution about the future of the world economy spreads against the backdrop of high crude oil prices, the movement to buy the yen, which is considered to be a relatively safe asset, in order to avoid risks has intensified, and the yen exchange rate is 1 The price has risen to the mid-114 yen level.
The yen exchange rate as of 5 pm was 114.42 yen to 43 yen, which is 44 yen higher and the dollar weaker than the 18th.
With respect to the euro, it was 68 yen from 1 euro = 129.64 yen, which was 1.27 yen higher and the euro weaker than on the 18th.
The euro was 1 euro = 1.1330 to 32 dollars against the dollar.
Market officials said, "Inflation concerns have risen in the United States against the backdrop of high crude oil prices, and there is a view that the pace of monetary tightening may accelerate, and a sense of caution about the future of the world economy has spread. Inflation has fallen sharply, buying the yen, a relatively safe asset to avoid risk, and selling the euro due to concerns about the impact of continued tensions on the U.S. economy. There was some movement, "he said.