In the New York foreign exchange market on the 18th, there was a movement to sell the yen and buy the dollar due to cautions about the pace of monetary tightening in the United States, and the yen exchange rate was temporarily set at 119.40 yen per dollar. The price has dropped to the level of yen depreciation for the first time in 6 years and 1 month.
In the New York foreign exchange market on the 18th, there was a movement to sell the yen and buy the dollar, and the yen exchange rate temporarily dropped to the highest level of the yen depreciation for the first time in 6 years and 1 month with 1 dollar = 119.40 yen. Did.
In addition to the caution that the Fed, which is the central bank of the United States, will tighten the monetary policy at a faster pace, the dollar, which is the key currency, is compared to other currencies due to the situation in Ukraine. The background is that it is easy to buy.
Market officials said, "The high long-term interest rates in the United States also led to the move to buy the dollar."