In the Tokyo foreign exchange market on the 20th of the week, the movement to sell the yen and buy the dollar became stronger in the morning due to 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. The price has dropped to the middle.
The Tokyo foreign exchange market on the 20th of the week will see the yen in the morning as the difference in the direction of monetary policy between the United States, which is raising interest rates, and Japan, which is continuing large-scale monetary easing, is becoming clearer. As the movement to sell and buy dollars with high interest rates increased, the yen exchange rate temporarily dropped to the mid-135 yen level.
However, after that, there was a movement to buy back the yen, and in the afternoon, the Bank of Japan's Governor Kuroda, who had a meeting with Prime Minister Kishida, emphasized the stance of cooperating with the government in light of the rapid depreciation of the yen. Has spread.
After all, the yen exchange rate as of 5 pm was 68 yen from 134.65 yen, which is 38 yen weaker than last weekend.
In addition, against the euro, the yen depreciated by 40 yen compared to last weekend, and the euro rose from 1 euro = 141.63 yen to 67 yen.
The euro was 1 euro = 1.0517 to 18 dollars against the dollar.
Market officials said, "Although the yen's depreciation and the dollar's appreciation are likely to continue, attention is focused on how the government and the Bank of Japan will respond to the depreciation of the yen and rising prices." I am.