The exchange rate of the yen against the US dollar weakened, and investors continued to be wary of measures that the Japanese government might introduce to stabilize the exchange rate; at the same time, the exchange rate of the US dollar against the euro rose slightly in a light-trading market environment. Although the Bank of Japan announced an interest rate hike last week, the yen exchange rate is still under pressure due to market concerns about the country's expansionary fiscal policy. As of press release, the USD/JPY exchange rate was reported at 156.54, up 0.48% during the day. The exchange rate hit a high of 157.77 last Friday.

The exchange rate of the yen against the US dollar weakened, and investors continued to be wary of measures that the Japanese government might introduce to stabilize the exchange rate; at the same time, the exchange rate of the US dollar against the euro rose slightly in a light-trading market environment. Although the Bank of Japan announced an interest rate hike last week, the yen exchange rate is still under pressure due to market concerns about the country's expansionary fiscal policy. As of press release, the USD/JPY exchange rate was reported at 156.54, up 0.48% during the day. The exchange rate hit a high of 157.77 last Friday.