On the 14th, the yen exchange rate rose somewhat in the Tokyo foreign exchange market.
Concerns over a global economic downturn due to prolonged inflation and accelerated monetary tightening in the United States have led to a move to buy the yen, which is considered a relatively safe asset.
The yen exchange rate as of 5 pm was 134.42-44 yen, which is 17 yen higher and the dollar weaker than the 13th.
On the other hand, against the euro, the yen appreciated by 17 yen and the euro depreciated by 1 euro = 140.70-74 yen compared to the 13th.
The euro was 1 euro = 1.0467-68 dollars against the dollar.
The yen is considered to be a relatively safe asset in response to the decline in stock prices in the Western and Tokyo markets due to concerns about a global economic recession due to prolonged inflation in the United States and accelerated monetary tightening. There was a move to buy.
Market officials said, "The yen is likely to sell against the backdrop of widening interest rate differentials between Japan and the United States, such as when the Bank of Japan announces that it will significantly increase the purchase amount of government bonds tomorrow in order to curb the rise in long-term interest rates. The situation is continuing. "