In the Tokyo foreign exchange market on the 6th, the beginning of the week, there was a movement to sell the yen due to the view that large-scale monetary easing measures will continue even under the new system over the appointment of the successor to the governor of the Bank of Japan, and the yen exchange rate fell last weekend. It has become a significant price drop of more than 3 yen.
In the foreign exchange market, the yen was sold on the assumption that large-scale monetary easing measures would continue even under the new system of the Bank of Japan. There was also a scene where the price dropped by about 4 yen.
The yen exchange rate at 5:00 pm was 131.78 yen to 131.78 yen to the dollar, which is 3.19 yen lower than last weekend.
In addition, against the euro, compared to the end of last week, the yen weakened by 1.92 yen against the euro to 142.08 to 12.00 yen.
The euro was 1 euro = 1.0781 to 82 dollars against the dollar.
A market insider said, ``The U.S. employment statistics announced last weekend confirmed a tight labor supply and demand situation, and there was a view that inflation would continue, leading to stronger dollar buying and yen selling. Some investors refrained from aggressive trading, wanting to ascertain the direction of the governor's personnel affairs, and the price moved in a narrow range in the afternoon."