On the 7th, the yen exchange rate fell in the Tokyo foreign exchange market, and the dollar was trading at the 136 yen level.
With the rise in long-term interest rates in the United States and the widening interest rate differential between Japan and the United States, the movement to buy dollars with higher yields and sell yen has intensified.
The yen exchange rate as of 5 pm was 136.11 to 14 yen, which is 69 yen weaker and the dollar stronger than the 6th.
On the other hand, against the euro, the yen appreciated by 20 yen and the euro depreciated by 1 euro = 138.72 to 76 yen compared to the 6th.
The euro was 1 euro = 1.0191-93 dollars against the dollar.
Market officials said, "The long-term interest rate in the United States has risen and the interest rate differential between Japan and the United States has widened as the index showing business sentiment in the non-manufacturing industry released in the United States exceeded market expectations on the 6th. There was a growing movement to buy dollars with higher yields and sell yen. After that, reports that British Prime Minister Johnson resigned from the party led to a series of temporary purchases of pounds, dollars and euros, and the situation improved among investors. There is also a view that it will be done. "