In the Tokyo foreign exchange market on the 20th, the yen exchange rate fell slightly, and the transaction was centered on the low 138 yen level per dollar.

Concerns about the US recession have eased somewhat, and there has been a move to sell the yen and buy the dollar.

The yen exchange rate as of 5 pm was 39 yen compared to the 19th, and the yen's depreciation against the dollar was 1 dollar = 138.12 yen to 14 yen.



With respect to the euro, it was 19 yen compared to the 19th, and the yen depreciated from 1 euro = 141.23 yen to 27 yen.



The euro was 1 euro = 1.0225 to 27 dollars against the dollar.



Market officials said, "As the company's financial results announced in the United States are not worse than expected and concerns about a recession have eased somewhat, investors are taking risks and selling yen and buying dollars. Since the Bank of Japan and the ECB = European Central Bank will hold a meeting to decide monetary policy on the 21st, the contents of policy and information dissemination are drawing attention. "