In the Tokyo foreign exchange market on the 11th of the week, the yen exchange rate temporarily dropped to the low 125 yen level per dollar, and the yen depreciated for the first time in about 6 years and 10 months.
From the perspective that the Fed, which is the central bank of the United States, will accelerate the tightening of monetary policy, long-term interest rates in the United States have risen, and the widening interest rate differential between Japan and the United States has been reminded of the widening of interest rates, and the movement to sell yen and buy dollars is increasing.