In the Tokyo foreign exchange market on the 15th, the yen exchange rate temporarily dropped to the mid-126 yen level per dollar, and the yen depreciated for the first time in about 20 years.
In the Tokyo foreign exchange market on the 15th, the movement to buy dollars with higher yields and sell yen became stronger in response to the rise in long-term interest rates in the United States.
As a result, the yen's exchange rate temporarily dropped to the mid-126 yen level, which was on the 13th, from the low 126 yen level, and since May 2002, the yen has depreciated for the first time in 19 years and 11 months.
Market officials said, "In addition to selling yen due to the widening interest rate differential between Japan and the United States, the movement of domestic importers to buy dollars used for settlement etc. also contributed to the further depreciation of the yen." I am.