NY market quickly drops to low 149 yen degree on account of rise in US long-term rates of interest | NHK

On the seventeenth, within the New York international trade market, there was a rising view that financial tightening can be extended within the United States, and as long-term rates of interest rose, there was a transfer to promote yen and purchase {dollars}, and the yen trade price quickly fell to 149 yen to the dollar. Prices have fallen till the late 20s.

Source