Home » Business » London market Yen appreciation for the first time in 9 months 1 dollar = 102 yen level | Stock price / exchange

London market Yen appreciation for the first time in 9 months 1 dollar = 102 yen level | Stock price / exchange

In the London foreign exchange market on the 17th, the movement to sell the dollar and buy the yen has intensified due to the view that the US monetary easing will be prolonged, and the yen exchange rate is temporarily in the upper 102 yen range for the first time in 9 months. The price has risen to.

In the London foreign exchange market on the 17th, the movement to sell dollars and buy yen became stronger, and the yen exchange rate temporarily hit the upper 102 yen level per dollar.

It is the first time in nine months since March that the yen appreciated and the dollar weakened to the 102 yen level.

Market officials said, “The Federal Reserve Board of the United States has clarified its policy to continue the current quantitative easing measures for a long time on the 16th, and it is expected that additional economic measures in the United States will be established soon. Partly because of this, there is a movement to sell the dollars on hand and invest in emerging countries. “

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