Yen exchange rate rises sharply against the euro Concerns about invasion of Ukraine

On the 14th after the holidays, the yen exchange rate rose sharply against the euro in the Tokyo foreign exchange market.

Concerns over Russia's invasion of Ukraine have led to a growing move to sell the euro and buy the yen, which is considered a relatively safe asset.

The yen exchange rate as of 5 pm on the 14th was 42 yen from 115.40 yen, which is 19 yen higher and the dollar weaker than last Thursday.

Against the euro, it was 87 yen from 130.83 yen, which is 1.28 yen higher and the euro weaker than last Thursday.

The euro was 1 euro = 1.1337 to 38 dollars against the dollar.

Market officials said, "From the view that Russia will invade Ukraine, concerns about the stable supply of natural gas and oil to Europe have spread, and the movement to sell the euro and buy the yen, which is considered to be a relatively safe asset, has increased." I'm talking to you.