In the Tokyo foreign exchange market on the 23rd of the week, the yen exchange rate rose somewhat due to the movement to sell the dollar and buy the yen in response to concerns about the future of the US economy and the decline in long-term interest rates.
As of 5 pm, the yen exchange rate was 34 yen compared to last weekend, and the yen's appreciation against the dollar was 1 dollar = 127.58 yen to 59 yen.
Compared to last weekend, the euro was 5 yen, and the yen appreciated and the euro depreciated from 1 euro = 135.24 yen to 28 yen.
The euro was 1 euro = 1.0600 to 02 dollars against the dollar.
Market officials said, "In response to concerns about the future of the US economy and the decline in long-term interest rates, the interest rate differential between Japan and the United States was conscious of narrowing, and the movement to sell dollars and buy yen was predominant." ..