In the Tokyo foreign exchange market on the 4th, the yen exchange rate fell sharply against the euro as the movement to buy the euro and sell the yen became stronger from the view that Europe might start raising interest rates.
The yen exchange rate as of 5 pm was 115.10 yen to 11 yen per dollar, which was 52 yen weaker than the 3rd.
With respect to the euro, the yen depreciated by 2.55 yen compared to the 3rd, and the euro was 1 euro = 131.99 yen to 132.03 yen.
The euro was 1 euro = 1.1467 to 68 dollars against the dollar.
Market officials said, "Because Lagarde, the governor of the European Central Bank, has expressed caution about inflation, investors are likely to raise interest rates, and the euro is being bought and the yen is being sold. Investors are also interested in how much the impact of Omicron stocks will be in the US employment statistics released tonight in Japan time. "