In the financial markets of New York on the 15th, the yen exchange rate and the Dow Jones Industrial Average fluctuated as the Fed, the central bank of the United States, decided to raise interest rates by an unusual 0.75%, resulting in this. However, the depreciation of the yen and the depreciation of stock prices have stopped for the time being.

Immediately after the Fed announced a 0.75% rate hike in the New York foreign exchange market on the 15th, there was a movement to sell yen and buy dollars, and the yen exchange rate fell to the upper 134 yen level per dollar.



After that, the yen was bought back with some relief from concerns that the rate hike would continue to accelerate after Chair Powell said at a press conference, "I don't think rate hikes of this scale are normal." , The price has risen to the mid-133 yen level per dollar.



The Dow Jones Industrial Average also fluctuated in the New York stock market after the Fed's decision, and turned upward after a press conference by Chair Powell.



The closing price was $ 30,668,53 cents, up $ 303,70 from the previous day, the first increase in six business days.



The Nasdaq stock index, which has many IT-related stocks, also rose significantly by 2.5%.



In the New York market, the yen depreciated against the dollar and stock prices plummeted from the view that monetary tightening will accelerate recently, but on the 15th, such movements have stopped for the time being.

"Yen" where the price drop stands out

In the foreign exchange market, the yen is depreciating and the dollar is appreciating rapidly, but the yen is the most prominent in the currencies of other countries in the world.



Looking at the exchange rate for about half a year from the beginning of this month to the middle of this month, the yen has fallen 14.3% against the dollar.



The currencies of many other countries have also fallen against the dollar from the view that interest rate hikes will accelerate in the United States, but the British pound is 10.3%, the euro is 8.4%, the Australian dollar is 4.6%, and ▽ The Canadian dollar fell 2.0% and the South African rand fell 1.1%, showing a noticeable decline in the Japanese yen.



In addition, the Brazilian real has risen 8.9%, and some currencies have risen against the dollar.

The standard hamburger set is "1468 yen"

Looking at the prices of goods sold in the United States, we can see the weakness of the yen.



A simple calculation based on the exchange rate of 1 dollar = 135 yen without considering fees, etc., 1000 yen in Japan is 7.40 cents.



At McDonald's, a major hamburger chain in the center of the capital Washington, the classic hamburger, Big Mac, costs 6.81 cents including tax as of the 14th, which is 919 yen in Japanese yen.



In addition, the set price with drinks and french fries is $ 10.88, which is 1468 yen in Japanese yen.



Although there are differences in the product content, in Japan, the same hamburger is 390 yen for a single item.



The set is sold for 690 yen except during lunch time.

Gyudon is "over 1000 yen"

In addition, the regular size of beef bowl is sold at 8.37 cents including tax at the Los Angeles store on the west coast of the United States of the major Japanese beef bowl chain "* Yoshinoya".



When converted to 1 dollar = 135 yen, it will be 1129 yen, which is more than 1000 yen.



It is not possible to make a simple comparison because there are differences in the product content, such as the choice of vegetable garnish, but in Japan, beef bowls are currently sold for 426 yen including tax.



(* Kichi is "soil" and "mouth")