On the 20th of the week, the Tokyo foreign exchange market continued to sell yen and buy dollars based on the difference in the direction of monetary policy between Japan and the United States, and the yen exchange rate was temporarily in the 135 yen range in the morning. The price has dropped to the middle of.
In the Tokyo foreign exchange market on the 20th of the week, the movement to sell the yen and buy the dollar increased in the morning, and the yen exchange rate temporarily dropped to the middle of the 135 yen level.
Last week, the Fed, the central bank of the United States, decided to raise interest rates significantly, while the Bank of Japan decided to maintain the current large-scale monetary easing policy, and the foreign exchange market has a different direction between Japan and the United States. With this as a clue, there was an increasing movement to sell yen and buy dollars with high interest rates.
Market officials said, "The yen is still weak and the dollar is likely to appreciate, but some investors are worried that the US economy will be worsened by rapid monetary tightening. There are also movements to sell dollars and buy yen. "