In the Tokyo foreign exchange market on the 25th of the week, the yen's exchange rate rose by more than 1 yen as the movement to sell dollars and buy yen became stronger due to concerns about the economic slowdown in the United States.
As of 5 pm, the yen exchange rate was 1.18 yen compared to last weekend, and the yen's appreciation against the dollar was 1 dollar = 136.40 yen to 41 yen.
Against the euro, it was 46 yen compared to last weekend, and the yen's appreciation and euro depreciation was 1 euro = 139.2 to 6 yen.
The euro was 1 euro = 1.0192 to 94 dollars against the dollar.
Market officials said, "Because concerns about the economic slowdown have spread in the United States and long-term interest rates have fallen, we are conscious of narrowing the interest rate differential between Japan and the United States, and the movement to sell dollars and buy yen has intensified."