In the Tokyo foreign exchange market on the 10th, the yen was sold and the dollar was bought in response to the rise in long-term interest rates in the United States, and the yen exchange rate temporarily dropped to the 116 yen level for the first time in about a month.
In the Tokyo foreign exchange market on the 10th, inflation concerns receded as the sharp rise in crude oil prices had stopped for the time being, and in response to the rise in long-term interest rates in the United States, there was a move to sell the yen and buy the dollar. At one point, the dollar was in the 116 yen range for the first time in about a month.
As of 5 pm, the yen exchange rate against the dollar was 1 dollar = 115.92 yen to 94 yen, which is 4 yen weaker than the 9th.
On the other hand, the price dropped sharply against the euro, and the yen depreciated by 1.76 yen compared to the 9th, which was 1 euro = 128.26 yen to 30 yen.
The euro was 1 euro = 1.1064 to 66 dollars against the dollar.
Market officials said, "The rise in crude oil prices and expectations for the Ukrainian-Russian foreign ministers' talks have eased some concerns about the future, and the yen has been sold as a relatively safe asset to buy dollars and euros. I was connected. "