On the 16th, the yen exchange rate rose in the Tokyo foreign exchange market.
Transactions are centered around the low 134 yen level per dollar, and the rapid depreciation of the yen has once settled down.
On the early morning of the 16th, the Fed, the central bank of the United States, made an unusually large rate hike, but concerns over continued acceleration of rate hikes have eased somewhat, and the foreign exchange market is moving to buy back the yen. came out.
In the Tokyo market on the 16th, the dollar was traded mainly in the low 134 yen range, and the recent rapid depreciation of the yen has once settled down.
As of 5 pm, the yen exchange rate was from 134.22 yen to 24 yen, which is 48 yen higher and the dollar weaker than the previous day.
With respect to the euro, it was 58 yen from 1 euro = 139.54 yen, which was 1.43 yen higher and the euro weaker than the previous day.
The euro was 1 euro = 1.0396 to 98 dollars against the dollar.
Market officials said, "There is a deep-rooted view that the interest rate differential between Japan and the United States will widen due to the difference in the direction of monetary policy, and there is no change in the tendency for the yen to sell easily. On the other hand, the economy will slow down due to global inflation. Concerns about this have increased, and there have been moves to buy the yen, which is considered a relatively safe asset, in an attempt to avoid risks. "