In the Tokyo foreign exchange market on the 15th, the movement to sell the yen with low interest rates and buy the dollar became stronger from the prospect of the interest rate hike in the United States, and the yen exchange rate temporarily dropped to the 118.40 yen level per dollar, about 5 years 2 The yen depreciated for the first time in a month.
The yen exchange rate as of 5 pm was 99 yen from 117.97 yen to the dollar, which was 25 yen weaker and the dollar stronger than the 14th.
On the other hand, against the euro, the yen depreciated by 1.13 yen compared to the 14th, and the euro was 1 euro = 129.82 yen to 86 yen.
The euro was 1 euro = 1.1004 to 06 dollars against the dollar.
Market officials said, "Since the Fed of the United States is expected to raise the policy interest rate at a meeting to be held from the 15th, it is conscious of widening the interest rate differential between Japan and the United States and sells the yen with low interest rates. The move to buy dollars with higher yields has intensified. Investors are interested in what the Fed will discuss about dealing with inflation amid concerns about the future of the global economy due to the tightening situation in Ukraine. Is increasing. "