The yen was in the 152-yen range against the dollar, responding to the decrease in US interest rates - with a awareness of narrowing the interest rate difference between Japan and the United States.

Updated on November 11, 2024 8:38 JST (excerpt).

In the morning of the 11th, the yen exchange rate in the Tokyo foreign exchange market was in the 152 yen range per dollar, slightly lower than the end of the previous week. The rise in the US stock market and the indication of the resilience of the US economic indicators suggest that the expectation of future US interest rate cuts has waned.