To use this site, please disable the ad blocking feature and reload the page.
This website uses cookies to collect information about your visit for purposes such as showing you personalized ads and content, and analyzing our website traffic. By clicking “Accept all,” you will allow the use of these cookies.
Users accessing this site from EEA countries and UK are unable to view this site without your consent. We apologize for any inconvenience caused.
Yomiuri Shimbun file photo The Bank of Japan building
The Yomiuri Shimbun
12:48 JST, August 14, 2023
The yen exchange rate momentarily dropped to the upper 145 range per dollar on the Tokyo foreign exchange market on Monday, marking the lowest point for the year. This is the first time the exchange rate has fallen to the upper 145 mark since mid-November 2022. Following last week’s announcement of a rise in the U.S. Consumer Price Index, which has boosted expectations the Federal Reserve will continue its monetary tightening, there has been an accelerated trend of buying the dollar and selling the yen.
