The yen's exchange rate fell against the dollar as the yen continued to sell easily due to the difference in the direction of monetary policy between Japan and the United States in the Tokyo foreign exchange market on the 25th of the week.
The yen exchange rate as of 5 pm was 128.19 yen to 21 yen, which is 14 yen weaker and the dollar stronger than last weekend.
On the other hand, against the euro, it was 69 yen from 1 euro = 137.65 yen, which was 74 yen higher and the euro weaker than last weekend.
The euro was 1 euro = 1.0737 to 40 dollars against the dollar.
Market officials said, "The yen continues to sell easily due to the difference in the direction of monetary policy between Japan and the United States. In addition, the spread of the new corona virus has restricted going out in some areas of China and Beijing. Increasing concerns about a slowdown in the global economy, such as the beginning, have led to a move to buy the dollar, which is considered a relatively safe asset. "