The yen exchange rate is attracting attention due to market intervention by the government and the Bank of Japan, but in the New York foreign exchange market on the 26th of the week, the yen fell again against the dollar, and the yen weakened to the upper 144 yen level to the dollar at one point. proceeded.
In the New York foreign exchange market on the 26th, the tendency to buy dollars with high interest rates increased.
One of the factors is the rapid depreciation of the British currency pound.
On the 23rd, the British government announced economic measures centered on large-scale tax cuts, and concerns about financial deterioration spread, and the pound was sold and the dollar was bought.
The yen also depreciated against the dollar again, and the yen weakened to the upper 144 yen level to the dollar at one point.
A market insider said, "The long-term interest rate in the United States has risen, and the interest rate gap between Japan and the United States has widened, leading to yen-selling and dollar-buying. However, if the yen weakens again to 145 yen to the dollar, the government and the Bank of Japan There is also growing concern that the will again intervene in the market, making price movements nervous."