In the New York foreign exchange market on the 13th, there is widespread observation that monetary tightening will accelerate as the rate of increase in consumer prices in the United States reaches a record level, and the yen exchange rate is temporarily in the 137 yen range per dollar. The price dropped until the second half.
The New York foreign exchange market on the 13th is expected to accelerate monetary tightening after the US consumer price index announced today rose 9.1%, the highest level in about 40 and a half years. Has spread.
As a result, from the view that the interest rate differential between Japan and the United States will widen further, the movement to sell the yen and buy the dollar has intensified, and the yen exchange rate temporarily dropped to the 137.80 yen level for the first time in about 24 years. The yen depreciation level has been updated.
In addition, the euro market temporarily fell to a level where 1 euro fell below 1 dollar, and the value of 1 euro fell below 1 dollar for the first time in about 20 years, so-called "equivalent break".
Market officials said, "As consumer prices have risen more than expected, the Fed is observing at a meeting later this month that it will raise rates by 1%, up from the previous time, at the pace of US monetary tightening. We are becoming more cautious about the impact on the economy. "