In the Tokyo foreign exchange market on the 29th, there was a scene where the yen was bought back to some extent due to the decline in long-term interest rates in Europe and the United States, but after that there was a movement to sell the yen, and the yen exchange rate was in the mid-144 yen range to the dollar. are traded at
In the foreign exchange market, the announcement by the central bank of the United Kingdom to temporarily purchase government bonds triggered the purchase of European and American government bonds.
However, after that, there was a movement to sell the yen due to the widening interest rate differential between Japan and the United States, and the yen exchange rate was trading at the mid-144 yen to the dollar.
A market insider said, ``The recent rise in long-term interest rates in the United States has temporarily turned downward and the yen has been bought back for the time being, but many investors believe that the interest rate differential between Japan and the United States will widen in the long term. We are also seeing an increase in yen sell orders."