In the Tokyo foreign exchange market on the 24th, the euro was bought in anticipation of high interest rates as the European central bank began to raise interest rates earlier than the market expected, and the yen exchange rate fell against the euro. bottom.
As of 5 pm, the yen exchange rate against the euro was 1.32 yen weaker than the 23rd, and the euro was up from 136.56 yen to 60 yen.
Against the dollar, the yen appreciated by 31 yen and the dollar depreciated from 127.27 yen to 29 yen per dollar.
The euro was 1 euro = 1.0730 to 31 dollars against the dollar.
"By the third quarter of July-September, we will be in a position to end the negative interest rate policy," said Lagarde, the governor of the European Central Bank, on his blog. Therefore, the view that the interest rate will be raised earlier than expected has spread among investors, and the euro has been bought. However, there is a deep-rooted sense of caution that if the interest rate hike is rushed to curb inflation, it will lead to a slowdown in the economy. " I'm talking.