On the 15th, the yen exchange rate fell to the mid-135 yen level per dollar in the morning of Japan time, renewing the yen's depreciation level for the first time in about 24 years.
The interest rate differential between Japan and the United States has widened as long-term interest rates in the United States continue to rise from the observation that the Fed, the central bank of the United States, may accelerate monetary tightening. , The movement to sell yen and buy dollars is increasing.
Market officials said, "In the United States, long-term interest rates continue to rise due to the observation that the Fed will raise interest rates more than previously expected and accelerate monetary tightening. Monetary policy to curb the rise in long-term interest rates, such as a significant increase in the amount of purchases, continues, and we are once again aware of the widening interest rate differential between Japan and the United States. "