The Tokyo foreign exchange market on the 21st buys the yen, which is considered to be a relatively safe asset, to avoid risks among investors due to the fear of the future of the world economy and the situation in Ukraine where military tensions continue As the movement strengthened, the yen exchange rate rose to the upper 113 yen level per dollar.
The yen exchange rate as of 5 pm was 113.86-87 yen, which is 53 yen higher and the dollar weaker than the 20th.
With respect to the euro, the yen appreciated by 96 yen and the euro depreciated by 1 euro = 128.98 yen to 129.2 yen compared to the 20th.
The euro was 1 euro = 1.1328-29 dollars against the dollar.
Market officials said, "Concerns about inflation against the backdrop of high oil prices have led to widespread views that the United States is rushing to tighten monetary policy, and there is growing caution that the economic recovery will slow down. Further military tensions continue. Due to the influence of the situation in Ukraine, investors are increasingly buying the yen, which is regarded as a relatively safe asset to avoid risks. In the market, the whereabouts of the US-Russia foreign ministers' meeting to be held tonight in Japan time There is growing interest in. "